VAT Group (OTCMKTS:VACNY) Shares Gap Down – Should You Sell?

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) gapped down prior to trading on Monday . The stock had previously closed at $79.07, but opened at $75.80. VAT Group shares last traded at $76.10, with a volume of 1,960 shares traded.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Zacks Research raised shares of VAT Group to a “hold” rating in a research note on Monday, April 20th. Citigroup reissued a “buy” rating on shares of VAT Group in a research note on Friday, May 22nd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of VAT Group in a research note on Friday, April 17th. Finally, The Goldman Sachs Group raised shares of 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 issued a Hold rating to the company’s stock. According to data from MarketBeat, VAT Group currently has an average rating of “Moderate Buy”.

VAT Group Trading Down 0.6%

The stock has a 50-day moving average price of $73.35 and a two-hundred day moving average price of $63.62.

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.