VAT Group (OTCMKTS:VACNY) Shares Gap Down – Time to Sell?

by · The Cerbat Gem

Shares of VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY – Get Free Report) gapped down prior to trading 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 traded.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Zacks Research upgraded shares of VAT Group from a “strong sell” rating to a “hold” rating in a research report on Monday, September 22nd. BNP Paribas raised shares of VAT Group from a “neutral” rating to an “outperform” rating in a report on Monday, December 1st. The Goldman Sachs Group lowered shares of VAT Group from a “buy” rating to a “hold” 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. Finally, UBS Group upgraded VAT Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 20th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Read Our Latest Report on VAT Group

VAT Group Stock Up 3.2%

The business has a 50 day moving average of $43.92 and a 200 day moving average of $40.65.

VAT Group Company Profile

(Get Free Report)

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.

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