VAT Group (OTCMKTS:VACNY) Shares Gap Up - What's Next?

Key Points

• VAT Group AG shares opened at $43.17 after a gap up from a previous close of $40.68, with the last traded price at $43.12.
• Recent analyst ratings for VAT Group include a strong-buy rating from Citigroup, a buy rating from Goldman Sachs, and a consensus rating of Moderate Buy.
• The stock has a fifty day moving average of $39.15 and a two-hundred day moving average of $38.35, indicating positive momentum in its price performance.

VAT Group AG - Unsponsored ADR (OTCMKTS:VACNY - Get Free Report)'s stock price gapped up prior to trading on Friday . The stock had previously closed at $40.68, but opened at $43.17. VAT Group shares last traded at $43.12, with a volume of 7,491 shares traded.

Analysts Set New Price Targets

VACNY has been the topic of several research reports. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of VAT Group in a research report on Wednesday, October 15th. Citigroup raised VAT Group to a "strong-buy" rating in a research report on Tuesday, October 7th. The Goldman Sachs Group raised VAT Group from a "hold" rating to a "buy" rating in a research note on Monday, September 1st. Finally, Zacks Research raised VAT Group from a "strong sell" rating to a "hold" rating in a research note on Monday, September 22nd. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy".

VAT Group Stock Performance

The firm has a fifty day simple moving average of $39.15 and a two-hundred day simple moving average of $38.35.

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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