VAT Group (OTCMKTS:VACNY) Shares Gap Down – Time to Sell?

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY)’s share price gapped down prior to trading on Monday . The stock had previously closed at $79.07, but opened at $75.80. VAT Group shares last traded at $76.10, with a volume of 1,960 shares changing hands.

Wall Street Analyst Weigh In

Several research firms recently issued reports on VACNY. The Goldman Sachs Group upgraded VAT Group from a “neutral” rating to a “buy” rating in a report on Wednesday, April 29th. Zacks Research upgraded VAT Group to a “hold” rating in a report on Monday, April 20th. Citigroup reiterated a “buy” rating on shares of VAT Group in a report on Friday, May 22nd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of VAT Group in a report on Friday, April 17th. 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 company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

VAT Group Trading Up 2.9%

The stock has a fifty day simple moving average of $72.75 and a 200-day simple moving average of $63.09.

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.