V2X (NYSE:VVX) Stock Price Down 5.9%

V2X, Inc. (NYSE:VVXGet Rating)’s stock price traded down 5.9% on Tuesday . The stock traded as low as $40.13 and last traded at $40.13. 1,816 shares changed hands during trading, a decline of 96% from the average session volume of 49,222 shares. The stock had previously closed at $42.65.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Stifel Nicolaus raised V2X from a “hold” rating to a “buy” rating and boosted their price target for the stock from $42.00 to $45.00 in a report on Wednesday, August 10th. Raymond James began coverage on V2X in a research report on Friday, September 9th. They issued a “strong-buy” rating and a $50.00 price target on the stock.

V2X Stock Performance

The business’s 50 day moving average price is $39.02. The stock has a market cap of $1.21 billion, a price-to-earnings ratio of 33.44 and a beta of 0.96. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.29 and a quick ratio of 1.29.

Insider Activity

In related news, major shareholder American Industrial Partners C acquired 294,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 13th. The shares were bought at an average cost of $39.74 per share, for a total transaction of $11,683,560.00. Following the completion of the transaction, the insider now owns 321,023 shares in the company, valued at $12,757,454.02. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, major shareholder American Industrial Partners C acquired 294,000 shares of the company’s stock in a transaction dated Tuesday, September 13th. The stock was purchased at an average price of $39.74 per share, with a total value of $11,683,560.00. Following the completion of the purchase, the insider now owns 321,023 shares in the company, valued at approximately $12,757,454.02. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Stephen L. Waechter bought 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 8th. The shares were acquired at an average price of $33.71 per share, with a total value of $33,710.00. Following the acquisition, the director now owns 12,000 shares of the company’s stock, valued at $404,520. The disclosure for this purchase can be found here. Insiders have purchased a total of 376,920 shares of company stock worth $15,055,510 over the last ninety days. Company insiders own 0.90% of the company’s stock.

About V2X

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V2X, Inc is based in Colorado Springs, Colorado.

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