Lasertec Co. (OTCMKTS:LSRCY – Get Free Report)’s stock price gapped down before the market opened on Friday. The stock had previously closed at $52.19, but opened at $45.00. Lasertec shares last traded at $43.85, with a volume of 5,576 shares trading hands.
Analyst Upgrades and Downgrades
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, the company presently has a consensus rating of “Hold”.
Read Our Latest Stock Report on LSRCY
Lasertec Trading Down 15.8%
The company’s 50 day moving average price is $49.58 and its 200-day moving average price is $49.62.
About Lasertec
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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