VAT Group (OTCMKTS:VACNY) Sees Large Volume Increase - Time to Buy?

Key Points

• VAT Group AG experienced a significant increase in trading volume, with 380,250 shares exchanged—an increase of 780% compared to the previous session.
• Analysts have mixed opinions, with Deutsche Bank holding a "hold" rating, while Zacks Research has downgraded VAT Group to a "strong sell."
• The stock is currently trading at $33.43, below its fifty-day moving average of $39.50.

VAT Group AG - Unsponsored ADR (OTCMKTS:VACNY - Get Free Report) saw strong trading volume on Monday . 380,250 shares changed hands during mid-day trading, an increase of 780% from the previous session's volume of 43,218 shares.The stock last traded at $33.43 and had previously closed at $33.88.

Wall Street Analysts Forecast Growth

VACNY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of VAT Group in a report on Wednesday, May 21st. Zacks Research upgraded VAT Group to a "strong sell" rating in a research note on Tuesday, August 12th.

VAT Group Price Performance

The firm has a fifty day simple moving average of $39.50 and a 200 day simple moving average of $37.99.

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.

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