Voyager Acquisition (NASDAQ:VACH) Shares Gap Up – Still a Buy?

Voyager Acquisition Corp. (NASDAQ:VACH)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $12.90, but opened at $14.00. Voyager Acquisition shares last traded at $16.6660, with a volume of 9,280 shares traded.

Voyager Acquisition Stock Performance

The stock has a 50 day simple moving average of $11.61 and a two-hundred day simple moving average of $11.03.

Voyager Acquisition (NASDAQ:VACH) last posted its quarterly earnings results on Wednesday, May 20th. The company reported $0.01 EPS for the quarter.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Berkley W R Corp increased its stake in Voyager Acquisition by 46.1% during the fourth quarter. Berkley W R Corp now owns 1,800,824 shares of the company’s stock worth $19,215,000 after acquiring an additional 567,861 shares during the last quarter. Radcliffe Capital Management L.P. purchased a new position in shares of Voyager Acquisition during the 2nd quarter worth $5,193,000. First Trust Capital Management L.P. grew its holdings in shares of Voyager Acquisition by 30.1% during the 4th quarter. First Trust Capital Management L.P. now owns 2,020,947 shares of the company’s stock worth $21,564,000 after purchasing an additional 468,000 shares during the period. Shaolin Capital Management LLC acquired a new stake in shares of Voyager Acquisition during the 2nd quarter worth about $3,116,000. Finally, Crossingbridge Advisors LLC increased its position in shares of Voyager Acquisition by 454.5% during the 4th quarter. Crossingbridge Advisors LLC now owns 259,371 shares of the company’s stock worth $2,748,000 after purchasing an additional 212,592 shares during the last quarter.

About Voyager Acquisition

Voyager Acquisition Corp. (NASDAQ: VACH) is a special purpose acquisition company incorporated as an exempted company with limited liability under the laws of the Cayman Islands. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase or similar business combination with one or more businesses, with an emphasis on identifying and partnering with companies in the technology and technology‐enabled services sectors.

Voyager Acquisition Corp.