VAT Group (OTCMKTS:VACNY) Sets New 1-Year High – What’s Next?

Shares of VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) hit a new 52-week high on Wednesday . The company traded as high as $85.55 and last traded at $85.55, with a volume of 394 shares traded. The stock had previously closed at $84.3915.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on VACNY. Zacks Research upgraded VAT Group to a “hold” rating in a report on Monday, April 20th. The Goldman Sachs Group upgraded shares of VAT Group from a “neutral” rating to a “buy” rating in a report on Wednesday, April 29th. Citigroup reissued a “buy” rating on shares of VAT Group in a research report on Friday, May 22nd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of VAT Group in a research report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

VAT Group Stock Up 1.8%

The company has a 50 day moving average of $76.42 and a two-hundred day moving average of $65.66.

About VAT Group

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.