VAT Group (OTCMKTS:VACNY) Shares Up 7.1% – Time to Buy?

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) shares traded up 7.1% on Tuesday . The company traded as high as $80.12 and last traded at $80.12. Approximately 572 shares were traded during mid-day trading, a decline of 95% from the average session volume of 12,194 shares. The stock had previously closed at $74.80.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on VACNY shares. Jefferies Financial Group raised shares of VAT Group from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, August 19th. Royal Bank Of Canada reissued a “sector perform” rating on shares of VAT Group in a report on Wednesday, July 29th. Zacks Research raised VAT Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of VAT Group in a report on Friday, July 10th. Finally, UBS Group reaffirmed a “buy” rating on shares of VAT Group in a research report on Tuesday, September 1st. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, VAT Group has a consensus rating of “Moderate Buy”.

VAT Group Stock Up 3.1%

The firm has a fifty day moving average price of $76.77 and a 200-day moving average price of $75.39.

About VAT Group

VAT Group AG is a Switzerland-based manufacturer of high-performance vacuum technology. The company develops and supplies vacuum valves, modules, and related components used to control, isolate, and regulate vacuum environments in advanced manufacturing and research applications.

Its products include vacuum isolation, transfer, control, and process valves, as well as bellows, actuators, and integrated vacuum modules. These products are used in semiconductor and display manufacturing, solar and photovoltaic production, vacuum coating, industrial applications, and scientific research.

Founded in 1965, VAT serves customers internationally through manufacturing, sales, service, and support operations across major technology and industrial markets.