Zacks Research Upgrades VAT Group (OTCMKTS:VACNY) to “Hold”

VAT Group (OTCMKTS:VACNY) was upgraded by stock analysts at Zacks Research to a “hold” rating in a research report issued on Monday,Zacks.com reports.

VACNY has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of VAT Group in a research report on Friday. Oddo Bhf lowered VAT Group to a “neutral” rating in a research report on Thursday, January 22nd. Jefferies Financial Group downgraded VAT Group from a “hold” rating to a “moderate sell” rating in a research note on Tuesday, January 13th. Finally, Citigroup reaffirmed a “buy” rating on shares of VAT Group in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, VAT Group presently has a consensus rating of “Moderate Buy”.

VAT Group Trading Down 0.7%

VAT Group stock traded down $0.50 during mid-day trading on Monday, hitting $74.57. The company had a trading volume of 1,469 shares, compared to its average volume of 14,242. VAT Group has a 12-month low of $31.99 and a 12-month high of $75.68. The company’s fifty day moving average is $66.74 and its 200-day moving average is $55.76.

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.