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

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) gapped up prior to trading on Tuesday . The stock had previously closed at $49.42, but opened at $54.53. VAT Group shares last traded at $54.48, with a volume of 1,203 shares.

Wall Street Analyst Weigh In

VACNY has been the topic of a number of recent analyst reports. BNP Paribas upgraded VAT Group from a “neutral” rating to an “outperform” rating in a report on Monday, December 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of VAT Group in a research report on Wednesday, October 15th. Citigroup reiterated a “buy” rating on shares of VAT Group in a research note on Wednesday, December 10th. Zacks Research upgraded shares of VAT Group from a “strong sell” rating to a “hold” rating in a research report on Monday, September 22nd. Finally, The Goldman Sachs Group downgraded shares of VAT Group from a “buy” rating to a “hold” rating in a report on Monday, December 15th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

VAT Group Price Performance

The company has a 50 day simple moving average of $45.48 and a 200-day simple moving average of $41.46.

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.