Vishay Precision Group Inc. (VPG) Stock Price Up 9%
Vishay Precision Group Inc. (NYSE:VPG) rose 9% during trading on Thursday . The company traded as high as $13.52 and last traded at $13.52, with a volume of 63,683 shares traded. The stock had previously closed at $12.40.
VPG has been the topic of a number of research analyst reports. Zacks Investment Research lowered Vishay Precision Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 21st. B. Riley reaffirmed a “buy” rating and set a $22.00 price target on shares of Vishay Precision Group in a research report on Tuesday.
The stock’s market cap is $183.56 million. The stock’s 50 day moving average price is $13.54 and its 200 day moving average price is $13.25.
Vishay Precision Group (NYSE:VPG) last issued its earnings results on Tuesday, August 9th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by $0.05. The business earned $58 million during the quarter, compared to analyst estimates of $59.51 million. During the same period in the previous year, the firm posted $0.13 earnings per share. The firm’s quarterly revenue was down 2.5% on a year-over-year basis. On average, equities research analysts expect that Vishay Precision Group Inc. will post $0.51 earnings per share for the current year.
A hedge fund recently raised its stake in Vishay Precision Group stock. Royce & Associates LLC boosted its position in Vishay Precision Group Inc. (NYSE:VPG) by 2.3% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 807,668 shares of the company’s stock after buying an additional 18,400 shares during the period. Royce & Associates LLC owned approximately 6.13% of Vishay Precision Group worth $9,143,000 as of its most recent filing with the SEC.
Vishay Precision Group, Inc (VPG) is a designer, manufacturer and marketer of sensors and sensor-based measurement systems, as well as specialty resistors and strain gages. The Company operates through three business segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems.
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