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

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) shares gapped up before the market opened on Friday . The stock had previously closed at $66.0236, but opened at $69.31. VAT Group shares last traded at $69.23, with a volume of 1,700 shares trading hands.

Analyst Ratings Changes

Several research analysts have commented on the stock. Citigroup restated a “buy” rating on shares of VAT Group in a research report on Tuesday, January 20th. The Goldman Sachs Group downgraded shares of VAT Group from a “buy” rating to a “hold” rating in a research report on Monday, December 15th. Jefferies Financial Group downgraded shares of VAT Group from a “hold” rating to a “moderate sell” rating in a research report on Tuesday, January 13th. Finally, Oddo Bhf downgraded shares of VAT Group to a “neutral” rating in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, VAT Group currently has a consensus rating of “Moderate Buy”.

VAT Group Stock Performance

The firm’s fifty day moving average price is $65.48 and its 200-day moving average price is $54.15.

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.