Voya Financial (VOYA) : Traders are bullish on Voya Financial (VOYA) as it has outperformed the S&P 500 by a wide margin of 12.98% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 8.55%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 9.01% in the last 1 week, and is up 15.79% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Voya Financial (NYSE:VOYA): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.60 and $27.49 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $28.11. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.94, notching a gain of 2.53% for the day. The total traded volume was 2,672,916 . The stock had closed at $27.25 on the previous day.
The stock has recorded a 20-day Moving Average of 9.53% and the 50-Day Moving Average is 1.71%. Voya Financial, Inc. has dropped 7.42% during the last 3-month period . Year-to-Date the stock performance stands at -24.25%.
Voya Financial (VOYA) : The highest level Voya Financial (VOYA) is projected to reach is $41 for the short term and the lowest estimate is at $28. The consolidated price target from 13 rating analysts who initiate coverage on the stock is $34.62 and the possibility the share price can swing is $4.46.
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.