Lasertec (OTCMKTS:LSRCY) Shares Gap Up – Still a Buy?

Lasertec Co. (OTCMKTS:LSRCYGet Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $43.72, but opened at $45.73. Lasertec shares last traded at $45.77, with a volume of 17,628 shares.

Analysts Set New Price Targets

Separately, Zacks Research downgraded Lasertec from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Read Our Latest Report on LSRCY

Lasertec Trading Up 4.1%

The firm’s 50-day simple moving average is $48.54 and its 200 day simple moving average is $50.42.

About Lasertec

(Get Free Report)

Lasertec Corporation is a Japan-based manufacturer of inspection and measurement equipment used in advanced manufacturing. The company is best known for systems that inspect semiconductor photomasks and mask blanks, which are critical components in the lithography process used to produce integrated circuits.

Lasertec’s product portfolio includes inspection systems for extreme ultraviolet (EUV) and other semiconductor lithography applications, as well as equipment for detecting defects and measuring surface characteristics.

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