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

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) gapped down before the market opened on Tuesday . The stock had previously closed at $48.9220, but opened at $46.26. VAT Group shares last traded at $47.78, with a volume of 3,987 shares.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on VACNY shares. BNP Paribas raised shares of VAT Group from a “neutral” rating to an “outperform” rating in a report on Monday, December 1st. Zacks Research upgraded VAT Group from a “strong sell” rating to a “hold” rating in a research report on Monday, September 22nd. The Goldman Sachs Group cut VAT Group from a “buy” rating to a “neutral” rating in a report on Monday. Citigroup reissued a “buy” rating on shares of VAT Group in a report on Wednesday, December 10th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of VAT Group in a research report on Wednesday, October 15th. One research 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. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

VAT Group Price Performance

The stock has a 50 day moving average price of $43.84 and a 200-day moving average price of $40.54.

VAT Group Company Profile

VAT Group AG, together with its subsidiaries, develops, manufactures, and supplies vacuum valves, multi-valve units, vacuum modules, and edge-welded metal bellows in Switzerland, rest of Europe, the United States, Japan, Korea, Singapore, China, rest of Asia, and internationally. It operates through two segments, Valves and Global Service.