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

Lasertec Co. (OTCMKTS:LSRCY – Get Free Report) shares gapped down before the market opened on Thursday. The stock had previously closed at $48.81, but opened at $42.89. Lasertec shares last traded at $40.73, with a volume of 8,908 shares traded.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Analysis on Lasertec

Lasertec Trading Down 21.1%

The business has a fifty day moving average of $49.95 and a 200-day moving average of $49.72.

Lasertec Company Profile

(Get Free Report)

Lasertec Corporation is a Japan-based manufacturer of inspection and measurement equipment used in the semiconductor and flat-panel display industries. The company develops systems that help manufacturers detect defects, measure critical dimensions and evaluate the quality of wafers, photomasks and other precision components used in electronics production.

Lasertec’s product portfolio includes semiconductor mask inspection and review systems, wafer inspection and metrology equipment, and specialized solutions for extreme ultraviolet (EUV) lithography masks.

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