VAT Group (OTCMKTS:VACNY) Shares Gap Up – Still a Buy?

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) gapped up prior to trading on Monday . The stock had previously closed at $72.19, but opened at $76.41. VAT Group shares last traded at $76.48, with a volume of 402 shares.

Analyst Upgrades and Downgrades

VACNY has been the subject of several research analyst reports. Royal Bank Of Canada reiterated a “sector perform” rating on shares of VAT Group in a research report on Wednesday, July 29th. UBS Group reissued a “buy” rating on shares of VAT Group in a research note on Tuesday, September 1st. Jefferies Financial Group upgraded shares of VAT Group from a “moderate sell” rating to a “hold” rating in a report on Wednesday, August 19th. Zacks Research upgraded VAT Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of VAT Group in a research report on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

VAT Group Trading Up 4.5%

The business has a fifty day moving average price of $76.67 and a 200-day moving average price of $75.47.

VAT Group Company Profile

VAT Group AG is a Switzerland-based manufacturer of high-performance vacuum technology. The company develops and supplies vacuum valves, modules, and related components used to control, isolate, and regulate vacuum environments in advanced manufacturing and research applications.

Its products include vacuum isolation, transfer, control, and process valves, as well as bellows, actuators, and integrated vacuum modules. These products are used in semiconductor and display manufacturing, solar and photovoltaic production, vacuum coating, industrial applications, and scientific research.

Founded in 1965, VAT serves customers internationally through manufacturing, sales, service, and support operations across major technology and industrial markets.