VAT Group (OTCMKTS:VACNY) Shares Gap Down – Should You Sell?

VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $42.68, but opened at $39.40. VAT Group shares last traded at $39.47, with a volume of 487 shares traded.

Analyst Ratings Changes

A number of brokerages have issued reports on VACNY. The Goldman Sachs Group raised VAT Group from a “hold” rating to a “buy” rating in a research note on Monday, September 1st. Zacks Research raised VAT Group from a “strong sell” rating to a “hold” rating in a research note on Monday, September 22nd. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

VAT Group Stock Down 7.9%

The firm has a 50 day moving average price of $36.52 and a two-hundred day moving average price of $37.55.

VAT Group Company Profile

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.