VAT Group (OTCMKTS:VACNY) Shares Gap Down – Here’s What Happened

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) gapped down prior to trading on Friday . The stock had previously closed at $69.4130, but opened at $63.92. VAT Group shares last traded at $65.47, with a volume of 2,862 shares trading hands.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. BNP Paribas Exane upgraded shares of VAT Group from a “neutral” rating to an “outperform” rating in a research note on Monday, December 1st. The Goldman Sachs Group lowered VAT Group from a “buy” rating to a “hold” rating in a research note on Monday, December 15th. UBS Group upgraded VAT Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 20th. Oddo Bhf lowered VAT Group to a “neutral” rating in a report on Thursday, January 22nd. Finally, Jefferies Financial Group downgraded shares of VAT Group from a “hold” rating to a “moderate sell” rating in a report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

VAT Group Stock Performance

The firm’s 50-day simple moving average is $62.52 and its 200-day simple moving average is $49.26.

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.