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

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY)’s share price 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

VACNY has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of VAT Group in a research note on Wednesday, October 15th. The Goldman Sachs Group cut shares of VAT Group from a “buy” rating to a “neutral” rating in a research report on Monday. Citigroup restated a “buy” rating on shares of VAT Group in a research report on Wednesday, December 10th. BNP Paribas upgraded shares of VAT Group from a “neutral” rating to an “outperform” rating in a report on Monday, December 1st. Finally, UBS Group raised shares of VAT Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 20th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

VAT Group Price Performance

The stock’s 50-day simple moving average is $43.84 and its 200 day simple moving average is $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.