VAT Group (OTCMKTS:VACNY) Shares Gap Down – Should You Sell?

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $79.35, but opened at $76.67. VAT Group shares last traded at $75.83, with a volume of 750 shares changing hands.

Wall Street Analyst Weigh In

A number of brokerages have commented on VACNY. Jefferies Financial Group upgraded shares of VAT Group from an “underperform” rating to a “hold” rating in a research report on Wednesday. The Goldman Sachs Group raised shares of VAT Group from a “neutral” rating to a “buy” rating in a report on Wednesday, April 29th. Citigroup reissued a “buy” rating on shares of VAT Group in a research note on Friday, May 22nd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of VAT Group in a report on Friday, July 10th. Finally, Zacks Research raised VAT Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, VAT Group currently has a consensus rating of “Moderate Buy”.

VAT Group Stock Up 0.4%

The business has a fifty day moving average of $81.54 and a 200 day moving average of $74.05.

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.