VAT Group (OTCMKTS:VACNY) Reaches New 12-Month High – What’s Next?

Shares of VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) hit a new 52-week high during trading on Tuesday . The stock traded as high as $68.85 and last traded at $68.4050, with a volume of 2206 shares trading hands. The stock had previously closed at $67.4050.

Wall Street Analyst Weigh In

VACNY has been the topic of a number of research analyst reports. The Goldman Sachs Group cut VAT Group from a “buy” rating to a “hold” rating in a report on Monday, December 15th. Jefferies Financial Group lowered shares of VAT Group from a “hold” rating to a “moderate sell” rating in a research report on Tuesday, January 13th. Citigroup reiterated a “buy” rating on shares of VAT Group in a report on Tuesday, January 20th. UBS Group upgraded shares of VAT Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 20th. Finally, Oddo Bhf downgraded shares of VAT Group to a “neutral” rating in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

VAT Group Trading Up 1.7%

The company’s 50 day moving average price is $58.87 and its 200-day moving average price is $47.20.

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.