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

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) gapped up before the market opened on Monday . The stock had previously closed at $72.19, but opened at $76.41. VAT Group shares last traded at $76.48, with a volume of 402 shares.

Analyst Ratings Changes

A number of equities analysts have issued reports on VACNY shares. Zacks Research upgraded VAT Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Jefferies Financial Group upgraded shares of VAT Group from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, August 19th. UBS Group reissued a “buy” rating on shares of VAT Group in a research note on Tuesday, September 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of VAT Group in a research note on Friday, July 10th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of VAT Group in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, VAT Group currently has an average rating of “Moderate Buy”.

VAT Group Trading Up 2.7%

The firm’s fifty day moving average is $76.87 and its two-hundred day moving average is $75.32.

VAT Group Company Profile

VAT Group AG is a Switzerland-based manufacturer of high-performance vacuum technology. The company develops and supplies vacuum valves, modules, and related components used to control, isolate, and regulate vacuum environments in advanced manufacturing and research applications.

Its products include vacuum isolation, transfer, control, and process valves, as well as bellows, actuators, and integrated vacuum modules. These products are used in semiconductor and display manufacturing, solar and photovoltaic production, vacuum coating, industrial applications, and scientific research.

Founded in 1965, VAT serves customers internationally through manufacturing, sales, service, and support operations across major technology and industrial markets.