VAT Group (OTCMKTS:VACNY) Sets New 1-Year High – Here’s Why

Shares of VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) reached a new 52-week high during trading on Wednesday . The stock traded as high as $80.2860 and last traded at $80.2860, with a volume of 971 shares traded. The stock had previously closed at $77.1634.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on VACNY shares. The Goldman Sachs Group upgraded shares of VAT Group from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 29th. Zacks Research raised shares of VAT Group to a “hold” rating in a research note on Monday, April 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of VAT Group in a research note on Friday, April 17th. Finally, Citigroup reiterated a “buy” rating on shares of VAT Group in a report on Friday, May 22nd. 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 stock. According to data from MarketBeat, VAT Group currently has a consensus rating of “Moderate Buy”.

VAT Group Stock Up 1.9%

The company has a fifty day moving average of $73.35 and a two-hundred day moving average 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.