VAT Group (OTCMKTS:VACNY) Reaches New 1-Year High – Here’s What Happened

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) reached a new 52-week high on Thursday . The stock traded as high as $75.76 and last traded at $74.46, with a volume of 3226 shares changing hands. The stock had previously closed at $73.32.

Wall Street Analyst Weigh In

VACNY has been the topic of several analyst reports. Jefferies Financial Group downgraded VAT Group from a “hold” rating to a “moderate sell” rating in a research report on Tuesday, January 13th. The Goldman Sachs Group upgraded VAT Group from a “neutral” rating to a “buy” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of VAT Group in a research report on Friday, April 17th. Zacks Research upgraded VAT Group to a “hold” rating in a research report on Monday, April 20th. Finally, Citigroup restated a “buy” rating on shares of VAT Group in a research report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

VAT Group Stock Up 3.7%

The firm has a fifty day moving average price of $67.64 and a two-hundred day moving average price of $56.89.

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.