VAT Group (OTCMKTS:VACNY) Shares Gap Up – Should You Buy?

Shares of VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) gapped up prior to trading on Wednesday . The stock had previously closed at $71.38, but opened at $74.1450. VAT Group shares last traded at $74.71, with a volume of 1,969 shares changing hands.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on VACNY shares. UBS Group reiterated a “buy” rating on shares of VAT Group in a research report on Tuesday. Citigroup reiterated a “buy” rating on shares of VAT Group in a research report on Friday, May 22nd. Zacks Research upgraded shares of VAT Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Jefferies Financial Group raised shares of VAT Group from a “moderate sell” rating to a “hold” rating in a report on Wednesday, August 19th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of VAT Group in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

VAT Group Stock Performance

The firm has a 50 day moving average price of $79.70 and a 200-day moving average price of $74.80.

VAT Group Company Profile

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.