VAT Group (OTCMKTS:VACNY) Shares Gap Up – Here’s Why

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $82.7950, but opened at $86.61. VAT Group shares last traded at $86.96, with a volume of 500 shares trading hands.

Analyst Ratings Changes

Several research firms have issued reports on VACNY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of VAT Group in a research note on Friday, April 17th. Zacks Research raised shares of VAT Group to a “hold” rating in a report on Monday, April 20th. The Goldman Sachs Group upgraded VAT Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, April 29th. Finally, Citigroup reiterated a “buy” rating on shares of VAT Group in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

VAT Group Trading Up 1.9%

The firm has a 50-day moving average price of $78.49 and a 200 day moving average price of $67.43.

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.