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

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $76.72, but opened at $81.23. VAT Group shares last traded at $81.33, with a volume of 1,162 shares.

Wall Street Analyst Weigh In

VACNY has been the subject of several research reports. Citigroup reaffirmed a “buy” rating on shares of VAT Group in a research report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of VAT Group in a research note on Friday, April 17th. Zacks Research upgraded VAT Group to a “hold” rating in a research note on Monday, April 20th. Finally, The Goldman Sachs Group upgraded VAT Group from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 29th. 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, the stock currently has an average rating of “Moderate Buy”.

VAT Group Price Performance

The company has a fifty day simple moving average of $73.74 and a two-hundred day simple moving average of $63.88.

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.