Lasertec (OTCMKTS:LSRCY) Shares Gap Down – Here’s What Happened

Lasertec Co. (OTCMKTS:LSRCY)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $53.44, but opened at $50.79. Lasertec shares last traded at $50.62, with a volume of 15,366 shares trading hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded Lasertec to a “hold” rating in a report on Friday, April 10th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Lasertec Trading Down 2.3%

The stock has a 50-day moving average price of $51.43 and a 200 day moving average price of $44.74.

About Lasertec

Lasertec Corporation, trading in the U.S. OTC market under the symbol LSRCY, is a Tokyo-based manufacturer of advanced inspection and metrology equipment for the global semiconductor and flat panel display industries. The company specializes in laser-based defect inspection and measurement systems that help wafer fabs, mask shops and device manufacturers maintain high yield and quality control throughout photomask, reticle, wafer and display production processes.

Lasertec’s product portfolio includes high-resolution reticle and mask inspection systems, wafer defect inspection tools and overlay metrology equipment.