VAT Group (OTCMKTS:VACNY) Reaches New 1-Year High – Here’s What Happened

Shares of VAT Group AG – Unsponsored ADR (OTCMKTS:VACNYGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $85.55 and last traded at $85.55, with a volume of 394 shares trading hands. The stock had previously closed at $84.3915.

Analysts Set New Price Targets

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

View Our Latest Analysis on VAT Group

VAT Group Trading Up 2.6%

The company has a 50 day simple moving average of $75.50 and a 200 day simple moving average of $65.07.

About VAT Group

(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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