Company shares are trading at $22.30 a tad higher than $20.48, the stock’s 50 day moving average and much higher than the 200 day moving average of $17.84. The 50 day moving average was up $1.82 or +8.91% and the 200 day average went up by +25.03%. (NYSE:VPG) shares saw light trading volume with 43K shares changing hands in the last trading session. Trading volume was down 49.49% under the stocks average daily volume.
Short traders are more bearish of late as indicated by the motion in short interest. The company recorded a rise in short interest of 41.85% between August 15, 2017 and August 31, 2017. Short shares increased from 93,005 to 131,928 over that timeframe. With short interest at 131,928 and short average daily volume at 51,552, the short-interest ratio is 3.0 and the percentage of shorted shares is 0.01% as of August 31.
These firms have modified their investment in VPG. Vivaldi Asset Management, LLC bolstered its stake by buying 241,854 shares an increase of 164.7% as of 06/30/2017. Vivaldi Asset Management, LLC now holds 388,674 shares with a value of $6,724,060,000. The value of the position overall is up by 289,855.2%. Ubs Group Ag trimmed its investment by selling 283 shares a decrease of 74.1% in the quarter. Ubs Group Ag owns 99 shares valued at $2,000. The total value of its holdings decreased 66.7%.
Spark Investment Management LLC expanded its holdings by buying 5,200 shares an increase of 19.8% from 03/31/2017 to 06/30/2017. Spark Investment Management LLC now controls 31,400 shares worth $543,000. The value of the position overall is up by 31.5%. Two Sigma Advisers, Lp reduced its position by selling 87 shares a decrease of 0.3%. Two Sigma Advisers, Lp claims 28,126 shares valued at $487,000. The total value of its holdings increased 9.2%.
The P/E ratio is currently 30.93 and market capitalization is 296.39M. As of the latest earnings report the EPS was $0.72 and is estimated to be $0.92 for the current year with 13,291,000 shares presently outstanding. Analysts expect next quarter’s EPS to be $0.19 and the next full year EPS is anticipated to be $1.12.
Vishay Precision Group, Inc. (VPG), launched on August 28, 2009, is a designer, manufacturer and marketer of sensors and sensor-based measurement systems, as well as specialty resistors and strain gages. The Company operates through three business segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems. The Foil Technology Products segment’s brands include Alpha Electronics, Micro-Measurements, Powertron and Vishay Foil Resistors. The Force Sensors segment’s brand includes VPG Transducers. The Weighing and Control Systems segment’s brands include BLH Nobel, KELK and VPG Onboard Weighing..