Vishay Precision Group (NYSE:VPG) Share Price Crosses Above Two Hundred Day Moving Average - What's Next?

Shares of Vishay Precision Group, Inc. (NYSE:VPG - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $24.12 and traded as high as $29.00. Vishay Precision Group shares last traded at $28.44, with a volume of 156,032 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Wall Street Zen cut shares of Vishay Precision Group from a "buy" rating to a "hold" rating in a research report on Saturday, March 29th. B. Riley restated a "buy" rating on shares of Vishay Precision Group in a research report on Wednesday, May 7th.

Vishay Precision Group Trading Down 1.0%

The company has a market cap of $378.84 million, a P/E ratio of 124.22 and a beta of 0.87. The stock's 50-day moving average is $26.70 and its two-hundred day moving average is $24.23. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.51 and a quick ratio of 2.94.

Vishay Precision Group (NYSE:VPG - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The scientific and technical instruments company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by ($0.01). The firm had revenue of $71.74 million during the quarter, compared to analysts' expectations of $73.04 million. Vishay Precision Group had a return on equity of 2.30% and a net margin of 1.03%. As a group, equities research analysts predict that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in VPG. Annex Advisory Services LLC increased its position in Vishay Precision Group by 5.0% during the 2nd quarter. Annex Advisory Services LLC now owns 59,729 shares of the scientific and technical instruments company's stock valued at $1,678,000 after purchasing an additional 2,834 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Vishay Precision Group in the 2nd quarter worth approximately $225,000. Acadian Asset Management LLC grew its position in shares of Vishay Precision Group by 10.2% in the 1st quarter. Acadian Asset Management LLC now owns 253,393 shares of the scientific and technical instruments company's stock worth $6,103,000 after buying an additional 23,365 shares during the last quarter. Invenomic Capital Management LP grew its position in shares of Vishay Precision Group by 130.3% in the 1st quarter. Invenomic Capital Management LP now owns 120,633 shares of the scientific and technical instruments company's stock worth $2,906,000 after buying an additional 68,260 shares during the last quarter. Finally, Kettle Hill Capital Management LLC purchased a new position in shares of Vishay Precision Group in the 1st quarter worth approximately $1,367,000. Hedge funds and other institutional investors own 87.61% of the company's stock.

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.