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

Shares of Lasertec Co. (OTCMKTS:LSRCY) gapped up before the market opened on Wednesday . The stock had previously closed at $57.05, but opened at $60.69. Lasertec shares last traded at $59.17, with a volume of 161,193 shares traded.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Lasertec from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the company presently has an average rating of “Strong Buy”.

Lasertec Stock Down 6.9%

The stock has a 50 day moving average price of $55.60 and a two-hundred day moving average price of $48.89.

Lasertec Company Profile

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.