VAT Group (OTCMKTS:VACNY) Trading Down 0.6% - What's Next?

Key Points

• VAT Group AG stock fell 0.6% to $33.55, with trading volume dropping by 79% compared to its average.
• Research analysts have mixed ratings for VACNY, with Zacks Research issuing a "strong sell" and Deutsche Bank maintaining a "hold" rating.
• The company specializes in developing and manufacturing vacuum valves and related products internationally, operating in various regions including Europe, the U.S., and Asia.

Shares of VAT Group AG - Unsponsored ADR (OTCMKTS:VACNY - Get Free Report) traded down 0.6% on Thursday . The stock traded as low as $33.43 and last traded at $33.55. 20,825 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 97,811 shares. The stock had previously closed at $33.77.

Analysts Set New Price Targets

A number of research firms recently commented on VACNY. Zacks Research upgraded VAT Group to a "strong sell" rating in a report on Tuesday, August 12th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of VAT Group in a research report on Wednesday, May 21st. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, VAT Group currently has a consensus rating of "Reduce".

VAT Group Stock Performance

The company has a 50 day simple moving average of $38.00 and a two-hundred day simple moving average of $37.69.

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.