VAT Group (OTCMKTS:VACNY) Sees Large Volume Increase – Should You Buy?

Shares of VAT Group AG – Unsponsored ADR (OTCMKTS:VACNY) saw strong trading volume on Wednesday. Approximately 36,565 shares were traded during trading, an increase of 202% from the previous session’s volume of 12,116 shares. The stock last traded at $82.29 and had previously closed at $83.67.

Analyst Upgrades and Downgrades

Several research firms have issued reports on VACNY. Jefferies Financial Group upgraded shares of VAT Group from a “moderate sell” rating to a “hold” rating in a report on Wednesday, August 19th. UBS Group reiterated a “buy” rating on shares of VAT Group in a report on Tuesday, September 1st. Zacks Research cut shares of VAT Group from a “strong-buy” rating to a “hold” rating in a report on Friday, October 2nd. Royal Bank Of Canada restated a “sector perform” rating on shares of VAT Group in a research note on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of VAT Group in a report on Friday, July 10th. Four equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

VAT Group Price Performance

The stock has a 50-day simple moving average of $76.79 and a 200-day simple moving average of $76.59.

VAT Group Company Profile

VAT Group AG is a Switzerland-based developer and manufacturer of high-vacuum technology. The company’s product portfolio includes vacuum valves, multi-valve modules, vacuum-management systems, and related components used to control and isolate vacuum environments.

Its products are primarily used in the semiconductor industry, including semiconductor manufacturing and related process equipment. VAT also serves customers in display production, solar and photovoltaic manufacturing, LED production, research, and other industrial applications that require precise vacuum control.

Founded in 1965, VAT Group is headquartered in Haag, Switzerland, and operates internationally through a global sales, service, and manufacturing network.