VAT Group (OTCMKTS:VACNY) Trading 1.4% Higher – Should You Buy?

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) shares traded up 1.4% during mid-day trading on Friday . The company traded as high as $41.7450 and last traded at $41.43. 6,608 shares traded hands during trading, a decline of 38% from the average session volume of 10,594 shares. The stock had previously closed at $40.84.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of VAT Group in a research report on Wednesday, October 15th. Zacks Research upgraded shares of VAT Group from a “strong sell” rating to a “hold” rating in a research report on Monday, September 22nd. Citigroup raised shares of VAT Group to a “strong-buy” rating in a research note on Tuesday, October 7th. Finally, The Goldman Sachs Group upgraded shares of VAT Group from a “hold” rating to a “buy” rating in a research note on Monday, September 1st. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, VAT Group has an average rating of “Moderate Buy”.

VAT Group Stock Up 1.4%

The stock has a 50 day moving average price of $41.98 and a two-hundred day moving average price of $39.38.

About VAT Group

VAT Group AG, together with its subsidiaries, develops, manufactures, and supplies vacuum valves, multi-valve units, vacuum modules, and edge-welded metal bellows in Switzerland, rest of Europe, the United States, Japan, Korea, Singapore, China, rest of Asia, and internationally. It operates through two segments, Valves and Global Service.