Vishay Precision Group (NYSE:VPG) Shares Pass Above Two Hundred Day Moving Average of $32.42

Vishay Precision Group, Inc. (NYSE:VPG - Get Free Report)'s stock 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 $34.06. Vishay Precision Group shares last traded at $33.86, with a volume of 44,781 shares traded.

Analyst Upgrades and Downgrades

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

Vishay Precision Group Trading Down 2.5 %

The stock has a market cap of $441.54 million, a price-to-earnings ratio of 18.01 and a beta of 1.26. The business's fifty day simple moving average is $34.14 and its 200 day simple moving average 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 for the quarter, topping analysts' consensus estimates of $0.36 by $0.25. Vishay Precision Group had a return on equity of 9.19% and a net margin of 7.24%. The business had revenue of $89.53 million for the quarter, compared to analysts' expectations of $79.69 million. During the same period in the prior year, the firm earned $0.76 EPS. On average, research analysts predict that Vishay Precision Group, Inc. will post 1.59 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of VPG. Parallel Advisors LLC increased its holdings in shares of Vishay Precision Group by 225.0% during the fourth quarter. Parallel Advisors LLC now owns 741 shares of the scientific and technical instruments company's stock valued at $25,000 after purchasing an additional 513 shares during the period. New York State Teachers Retirement System acquired a new stake in shares of Vishay Precision Group in the 4th quarter worth approximately $34,000. SG Americas Securities LLC bought a new position in shares of Vishay Precision Group in the third quarter valued at approximately $106,000. WINTON GROUP Ltd acquired a new position in shares of Vishay Precision Group during the third quarter valued at approximately $260,000. Finally, EMC Capital Management lifted its position in Vishay Precision Group by 136.0% in the third quarter. EMC Capital Management now owns 8,805 shares of the scientific and technical instruments company's stock worth $296,000 after purchasing an additional 5,074 shares during the period. 87.61% of the stock is owned by institutional investors and hedge funds.

Vishay Precision Group Company Profile

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.