VAT Group (OTCMKTS:VACNY) Sees Strong Trading Volume – Should You Buy?

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) saw unusually-high trading volume on Tuesday . Approximately 44,909 shares changed hands during trading, an increase of 148% from the previous session’s volume of 18,079 shares.The stock last traded at $63.83 and had previously closed at $63.6330.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on VACNY shares. Oddo Bhf cut VAT Group to a “neutral” rating in a report on Thursday, January 22nd. Citigroup reaffirmed a “buy” rating on shares of VAT Group in a research note on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of VAT Group in a research note on Wednesday, October 15th. The Goldman Sachs Group lowered VAT Group from a “buy” rating to a “hold” rating in a research report on Monday, December 15th. Finally, BNP Paribas Exane upgraded shares of VAT Group from a “neutral” rating to an “outperform” rating in a report on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

VAT Group Trading Down 0.0%

The company’s 50 day moving average price is $53.35 and its 200 day moving average price is $44.19.

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.