VAT Group (OTCMKTS:VACNY) Sets New 12-Month High – Still a Buy?

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $49.05 and last traded at $48.87, with a volume of 1136 shares. The stock had previously closed at $45.18.

Wall Street Analysts Forecast Growth

VACNY has been the topic of a number of research analyst reports. Zacks Research raised VAT Group from a “strong sell” rating to a “hold” rating in a report on Monday, September 22nd. UBS Group upgraded shares of VAT Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 20th. The Goldman Sachs Group raised VAT Group from a “hold” rating to a “buy” rating in a report on Monday, September 1st. BNP Paribas raised VAT Group from a “neutral” rating to an “outperform” rating in a report on Monday. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of VAT Group in a research note on Wednesday, October 15th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, VAT Group currently has a consensus rating of “Moderate Buy”.

VAT Group Price Performance

The business has a 50-day simple moving average of $42.85 and a 200 day simple moving average of $39.95.

VAT Group Company Profile

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.