VAT Group (OTCMKTS:VACNY) Shares Gap Up – Here’s Why

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $72.19, but opened at $76.41. VAT Group shares last traded at $76.48, with a volume of 402 shares trading hands.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. UBS Group reaffirmed a “buy” rating on shares of VAT Group in a research report on Tuesday, September 1st. Royal Bank Of Canada restated a “sector perform” rating on shares of VAT Group in a research report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of VAT Group in a report on Friday, July 10th. Zacks Research upgraded shares of VAT Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 6th. Finally, Jefferies Financial Group raised shares of VAT Group from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

VAT Group Trading Up 2.7%

The business’s fifty day simple moving average is $76.87 and its 200-day simple moving average is $75.32.

About VAT Group

VAT Group AG is a Switzerland-based manufacturer of high-performance vacuum technology. The company develops and supplies vacuum valves, modules, and related components used to control, isolate, and regulate vacuum environments in advanced manufacturing and research applications.

Its products include vacuum isolation, transfer, control, and process valves, as well as bellows, actuators, and integrated vacuum modules. These products are used in semiconductor and display manufacturing, solar and photovoltaic production, vacuum coating, industrial applications, and scientific research.

Founded in 1965, VAT serves customers internationally through manufacturing, sales, service, and support operations across major technology and industrial markets.