Vishay Precision Group (NYSE:VPG) Shares Pass Above 200-Day Moving Average – Time to Sell?

Shares of Vishay Precision Group, Inc. (NYSE:VPG) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $39.41 and traded as high as $42.19. Vishay Precision Group shares last traded at $40.68, with a volume of 242,853 shares changing hands.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on VPG. Weiss Ratings cut shares of Vishay Precision Group from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, March 6th. Zacks Research lowered shares of Vishay Precision Group from a “hold” rating to a “strong sell” rating in a report on Thursday, February 12th. Wall Street Zen downgraded shares of Vishay Precision Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. B. Riley Financial reiterated a “buy” rating and set a $63.00 price objective (up from $45.00) on shares of Vishay Precision Group in a research note on Tuesday, February 3rd. Finally, Loop Capital set a $44.00 target price on shares of Vishay Precision Group in a report on Thursday, December 18th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $53.67.

Vishay Precision Group Stock Performance

The stock has a fifty day moving average price of $46.01 and a two-hundred day moving average price of $39.41. The company has a market cap of $540.92 million, a P/E ratio of 101.70, a PEG ratio of 2.73 and a beta of 0.86. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.47 and a quick ratio of 2.97.

Vishay Precision Group (NYSE:VPG) last posted its earnings results on Wednesday, February 11th. The scientific and technical instruments company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.14). Vishay Precision Group had a net margin of 1.72% and a return on equity of 2.16%. The business had revenue of $80.57 million during the quarter, compared to analyst estimates of $78.08 million. On average, equities analysts forecast that Vishay Precision Group, Inc. will post 0.9 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Russell Investments Group Ltd. raised its holdings in Vishay Precision Group by 826.7% during the third quarter. Russell Investments Group Ltd. now owns 1,112 shares of the scientific and technical instruments company’s stock worth $36,000 after purchasing an additional 992 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in Vishay Precision Group by 1,180.0% during the 4th quarter. Farther Finance Advisors LLC now owns 1,024 shares of the scientific and technical instruments company’s stock valued at $39,000 after purchasing an additional 944 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in shares of Vishay Precision Group during the 4th quarter valued at $51,000. Central Pacific Bank Trust Division acquired a new position in shares of Vishay Precision Group during the 4th quarter valued at $75,000. Finally, BNP Paribas Financial Markets raised its stake in shares of Vishay Precision Group by 85.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,332 shares of the scientific and technical instruments company’s stock worth $75,000 after buying an additional 1,076 shares in the last quarter. 87.61% of the stock is currently owned by institutional investors.

About Vishay Precision Group

Vishay Precision Group (NYSE: VPG) specializes in the design, manufacture and calibration of precision sensors, instrumentation and measurement systems used in a broad range of applications. Its product portfolio includes load cells, tension links, weighing modules, torque transducers, digital indicators and data acquisition systems. These solutions serve critical requirements for accuracy, reliability and repeatability in sectors such as industrial automation, test and measurement, medical devices, food and beverage processing, aerospace and defense.

The company traces its roots to the sensor and measurement division of Vishay Intertechnology, Inc, from which it was spun off as an independent public company in March 2016.