VAT Group (OTCMKTS:VACNY) Shares Gap Up – Here’s Why

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNYGet Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $63.9950, but opened at $66.77. VAT Group shares last traded at $66.41, with a volume of 1,401 shares changing hands.

Analyst Ratings Changes

Several brokerages have recently weighed in on VACNY. Jefferies Financial Group lowered VAT Group from a “hold” rating to a “moderate sell” rating in a report on Tuesday, January 13th. The Goldman Sachs Group cut shares of VAT Group from a “buy” rating to a “hold” rating in a research report on Monday, December 15th. BNP Paribas Exane upgraded shares of VAT Group from a “neutral” rating to an “outperform” rating in a research report on Monday, December 1st. Citigroup reiterated a “buy” rating on shares of VAT Group in a report on Tuesday, January 20th. Finally, Oddo Bhf lowered shares of VAT Group to a “neutral” rating in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

View Our Latest Report on VACNY

VAT Group Trading Up 2.0%

The business has a 50-day moving average price of $64.60 and a 200-day moving average price of $50.94.

About VAT Group

(Get Free Report)

VAT Group AG is a Switzerland-based manufacturer specializing in high-precision vacuum valves and related flow-control solutions for advanced technology industries. Its core products include gate valves, angle valves, slit valves and vacuum components designed to maintain ultra-high vacuum environments essential to semiconductor fabrication, flat-panel display manufacturing, scientific research and other industrial vacuum applications. In addition to standard product lines, VAT offers customized valve assemblies and integrated subsystems that address the stringent purity and reliability requirements of modern production processes.

Founded in 1965 and headquartered in Haag, Switzerland, VAT Group has grown into a global supplier serving customers across Europe, Asia and the Americas.

Further Reading

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