Voya Financial (VOYA) Shares Slide -0.08%

Voya Financial (VOYA) has risen sharply, recording gains of 4.31% in the past 4 weeks. However, the stock has corrected -0.08% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.92% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The stock has recorded a 20-day Moving Average of 2.73% and the 50-Day Moving Average is 8.74%. Voya Financial, Inc. has dropped 21.04% during the last 3-month period . Year-to-Date the stock performance stands at -30.52%.


Voya Financial (NYSE:VOYA): stock turned positive on Friday. Though the stock opened at $25, the bulls momentum made the stock top out at $25.67 level for the day. The stock recorded a low of $24.86 and closed the trading day at $25.63, in the green by 0.91%. The total traded volume for the day was 2,011,708. The stock had closed at $25.4 in the previous days trading.

Also, Equity Analysts at the Goldman Sachs downgrades the rating on Voya Financial (NYSE:VOYA). The brokerage firm has issued a Neutral rating on the shares. The shares were previously rated Buy. The Analysts at the ratings agency lowers the price target from $39 per share to $29 per share. The rating by the firm was issued on July 15, 2016.

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.

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