Voya Financial (NYSE:VOYA) has tumbled 5.76% during the past week and has dropped 11.78% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 4.63%. Voya Financial (NYSE:VOYA) has underperformed the index by 12.58% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Voya Financial (NYSE:VOYA): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $28.58 and $28.49 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $28.95. The buying momentum continued till the end and the stock did not give up its gains. It closed at $28.61, notching a gain of 0.07% for the day. The total traded volume was 2,347,622 . The stock had closed at $28.59 on the previous day.
The company shares have dropped -40.26% from its 1 Year high price. On Jun 23, 2015, the shares registered one year high at $48.30 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $31.22 and the 200 Day Moving Average price is recorded at $31.90.
On the companys insider trading activities, The officer (See Remarks), of Voya Financial, Inc., Becker Jeffrey T had unloaded 3,625 shares at $30.11 per share in a transaction on March 29, 2016. The total value of transaction was $109,149. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Currently the company Insiders own 0.17% of Voya Financial shares according to the proxy statements. Institutional Investors own 96.76% of Voya Financial shares.
Voya Financial, Inc. is a retirement, investment and insurance company. The Company provides retirement services, annuities, investment management services, mutual funds, life insurance, group insurance and supplemental health products, guaranteed investment contracts and funding agreements. The Company provides its principal products and services in three ongoing businesses: Retirement Solutions, Investment Management and Insurance Solutions. Retirement Solutions operates institutional retirement plans business and retail wealth management business. Investment Management segment offers fixed income, equity, multi-asset and alternatives products and solutions. Insurance Solutions segment offers insurance and employee benefit plans.