Vishay Precision Group (NYSE:VPG) Share Price Passes Above 200-Day Moving Average of $32.42

Vishay Precision Group, Inc. (NYSE:VPG - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $32.42 and traded as high as $34.82. Vishay Precision Group shares last traded at $34.38, with a volume of 21,816 shares traded.

Analyst Ratings Changes

Separately, TheStreet raised shares of Vishay Precision Group from a "c+" rating to a "b-" rating in a research note on Friday, March 1st.

Vishay Precision Group Trading Up 1.2 %

The stock has a market capitalization of $465.36 million, a P/E ratio of 18.50 and a beta of 1.26. The firm's 50 day moving average price is $34.02 and its 200 day moving average price is $32.43. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.94 and a quick ratio of 2.51.

Vishay Precision Group (NYSE:VPG - Get Free Report) last announced its quarterly earnings results on Wednesday, February 14th. The scientific and technical instruments company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.25. Vishay Precision Group had a net margin of 7.24% and a return on equity of 9.19%. The company had revenue of $89.53 million for the quarter, compared to analysts' expectations of $79.69 million. During the same quarter in the previous year, the company earned $0.76 earnings per share. As a group, equities research analysts expect that Vishay Precision Group, Inc. will post 1.59 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Vishay Precision Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Foundry Partners LLC grew its holdings in Vishay Precision Group by 37.6% in the third quarter. Foundry Partners LLC now owns 94,245 shares of the scientific and technical instruments company's stock worth $3,165,000 after purchasing an additional 25,735 shares during the period. GSA Capital Partners LLP grew its holdings in Vishay Precision Group by 41.8% in the third quarter. GSA Capital Partners LLP now owns 42,573 shares of the scientific and technical instruments company's stock worth $1,430,000 after purchasing an additional 12,548 shares during the period. Janney Montgomery Scott LLC grew its holdings in Vishay Precision Group by 10.0% in the third quarter. Janney Montgomery Scott LLC now owns 13,255 shares of the scientific and technical instruments company's stock worth $445,000 after purchasing an additional 1,207 shares during the period. Wellington Management Group LLP grew its holdings in shares of Vishay Precision Group by 35.3% during the third quarter. Wellington Management Group LLP now owns 447,498 shares of the scientific and technical instruments company's stock valued at $15,027,000 after buying an additional 116,800 shares during the last quarter. Finally, North Star Investment Management Corp. grew its holdings in shares of Vishay Precision Group by 18.3% during the fourth quarter. North Star Investment Management Corp. now owns 94,318 shares of the scientific and technical instruments company's stock valued at $3,213,000 after buying an additional 14,600 shares during the last quarter. Hedge funds and other institutional investors own 87.61% of the company's stock.

About Vishay Precision Group

Vishay Precision Group, Inc designs, manufactures, and markets specialized sensors, weighing solutions, and measurement systems in the United States, Israel, the United Kingdom, rest of Europe, Asia, and Canada. It operates through three segments: Sensors, Weighing Solutions, and Measurement Systems.