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

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

Analyst Ratings Changes

A number of research firms have recently issued reports on VACNY. Citigroup restated a “buy” rating on shares of VAT Group in a research note on Friday, April 17th. Jefferies Financial Group downgraded VAT Group from a “hold” rating to a “moderate sell” rating in a research note on Tuesday, January 13th. The Goldman Sachs Group upgraded VAT Group from a “neutral” rating to a “buy” rating in a research note on Wednesday. Oddo Bhf downgraded VAT Group to a “neutral” rating in a research note on Thursday, January 22nd. Finally, Zacks Research raised shares of VAT Group to a “hold” rating in a report on Monday, April 20th. One 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 presently has an average rating of “Moderate Buy”.

VAT Group Stock Up 3.7%

The business’s fifty day moving average is $67.64 and its 200-day moving average is $56.89.

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.