VAT Group (OTCMKTS:VACNY) Hits New 12-Month High – Should You Buy?

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNYGet Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $87.13 and last traded at $87.13, with a volume of 6412 shares trading hands. The stock had previously closed at $85.96.

Analyst Upgrades and Downgrades

VACNY has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of VAT Group in a research note on Friday, April 17th. The Goldman Sachs Group raised shares of VAT Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, April 29th. Citigroup reiterated a “buy” rating on shares of VAT Group in a research note on Friday, May 22nd. Finally, Zacks Research raised VAT Group to a “hold” rating in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Report on VAT Group

VAT Group Trading Up 1.4%

The firm’s 50 day simple moving average is $77.20 and its two-hundred day simple moving average is $66.23.

VAT Group Company Profile

(Get Free Report)

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.

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