VAT Group (OTCMKTS:VACNY) Shares Gap Up - Here's What Happened

Key Points

• VAT Group AG shares experienced a significant gap up, opening at $42.06 after a previous close of $39.85, reflecting increased investor interest.
• Analysts have mixed views on VAT Group, with Goldman Sachs upgrading the stock to a "buy" rating while Zacks Research assigned it a "strong sell," resulting in a consensus rating of "hold."
• The stock has increased by 7.7% and currently trades at $42.33 with a volume of 1,872 shares traded.

Shares of VAT Group AG - Unsponsored ADR (OTCMKTS:VACNY - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $39.85, but opened at $42.06. VAT Group shares last traded at $42.33, with a volume of 1,872 shares traded.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on VACNY shares. Zacks Research raised shares of VAT Group to a "strong sell" rating in a report on Tuesday, August 12th. The Goldman Sachs Group upgraded shares of VAT Group from a "hold" rating to a "buy" rating in a research report on Monday, September 1st. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, VAT Group presently has a consensus rating of "Hold".

VAT Group Stock Performance

The company's 50-day moving average is $36.47 and its 200-day moving average is $37.41.

About VAT Group

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.