Lasertec (OTCMKTS:LSRCY) Shares Gap Up – Should You Buy?

Lasertec Co. (OTCMKTS:LSRCYGet Free Report) gapped up prior to trading on Monday . The stock had previously closed at $47.18, but opened at $50.8295. Lasertec shares last traded at $51.00, with a volume of 2,345 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research cut 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, According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Read Our Latest Report on Lasertec

Lasertec Trading Up 1.5%

The company’s 50-day simple moving average is $47.87 and its 200-day simple moving average is $50.67.

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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