Vishay Precision Group (NYSE:VPG) Stock Price Crosses Above Two Hundred Day Moving Average of $32.42

Vishay Precision Group, Inc. (NYSE:VPG) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $32.42 and traded as high as $34.06. Vishay Precision Group shares last traded at $33.86, with a volume of 44,781 shares changing hands.

Analyst Upgrades and Downgrades

Separately, TheStreet raised Vishay Precision Group from a “c+” rating to a “b-” rating in a research report on Friday, March 1st.

Vishay Precision Group Stock Up 1.3 %

The stock’s fifty day moving average price is $34.16 and its 200-day moving average price is $32.42. The company has a quick ratio of 2.51, a current ratio of 3.94 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $453.05 million, a price-to-earnings ratio of 18.01 and a beta of 1.26.

Vishay Precision Group (NYSE:VPG) last issued its quarterly earnings results on Wednesday, February 14th. The scientific and technical instruments company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.25. Vishay Precision Group had a net margin of 7.24% and a return on equity of 9.19%. The firm had revenue of $89.53 million for the quarter, compared to analyst estimates of $79.69 million. During the same period in the previous year, the business earned $0.76 EPS. On average, sell-side analysts predict that Vishay Precision Group, Inc. will post 1.59 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Vishay Precision Group

Several large investors have recently made changes to their positions in VPG. Parallel Advisors LLC raised its position in Vishay Precision Group by 225.0% during the fourth quarter. Parallel Advisors LLC now owns 741 shares of the scientific and technical instruments company’s stock worth $25,000 after acquiring an additional 513 shares in the last quarter. New York State Teachers Retirement System acquired a new stake in Vishay Precision Group in the 4th quarter valued at about $34,000. SG Americas Securities LLC bought a new position in Vishay Precision Group during the third quarter worth about $106,000. WINTON GROUP Ltd acquired a new position in Vishay Precision Group during the third quarter worth approximately $260,000. Finally, Annex Advisory Services LLC raised its stake in Vishay Precision Group by 15.5% in the third quarter. Annex Advisory Services LLC now owns 8,811 shares of the scientific and technical instruments company’s stock valued at $296,000 after buying an additional 1,180 shares during the period. Institutional investors and hedge funds own 87.61% of the company’s stock.

Vishay Precision Group Company Profile

Vishay Precision Group, Inc designs, manufactures, and markets specialized sensors, weighing solutions, and measurement systems in the United States, Israel, the United Kingdom, rest of Europe, Asia, and Canada. It operates through three segments: Sensors, Weighing Solutions, and Measurement Systems.