Vishay Precision Group Inc. (VPG) Sees Unusually-High Trading Volume
Vishay Precision Group Inc. (NYSE:VPG) saw an uptick in trading volume on Thursday . 60,706 shares changed hands during mid-day trading, an increase of 2% from the previous session’s volume of 59,527 shares.The stock last traded at $15.20 and had previously closed at $15.27.
Several brokerages recently weighed in on VPG. B. Riley reiterated a “buy” rating and issued a $17.00 price objective on shares of Vishay Precision Group in a research report on Sunday, August 14th. Zacks Investment Research lowered Vishay Precision Group from a “hold” rating to a “sell” rating in a research report on Friday, August 12th.
The stock’s market capitalization is $201.84 million. The company has a 50-day moving average of $14.18 and a 200-day moving average of $13.68.
Vishay Precision Group (NYSE:VPG) last posted its quarterly earnings data on Tuesday, August 9th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by $0.05. During the same period in the previous year, the business earned $0.13 EPS. The firm had revenue of $58 million for the quarter, compared to analyst estimates of $59.51 million. Vishay Precision Group’s quarterly revenue was down 2.5% on a year-over-year basis. Equities research analysts predict that Vishay Precision Group Inc. will post $0.51 EPS for the current year.
In other Vishay Precision Group news, major shareholder Nokomis Capital, L.L.C. bought 21,112 shares of Vishay Precision Group stock in a transaction that occurred on Friday, August 12th. The stock was purchased at an average cost of $13.88 per share, for a total transaction of $293,034.56. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
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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