VAT Group (OTCMKTS:VACNY) Shares Gap Up – Should You Buy?

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) shares gapped up before the market opened on Tuesday . The stock had previously closed at $82.7950, but opened at $86.61. VAT Group shares last traded at $86.96, with a volume of 500 shares trading hands.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Zacks Research raised VAT Group to a “hold” rating in a research report on Monday, April 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of VAT Group in a report on Friday, April 17th. Citigroup reiterated a “buy” rating on shares of VAT Group in a research report on Friday, May 22nd. Finally, The Goldman Sachs Group raised VAT Group from a “neutral” rating to a “buy” rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

VAT Group Price Performance

The company’s 50-day moving average is $78.99 and its 200-day moving average is $67.97.

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.