Lasertec (OTCMKTS:LSRCY) Shares Gap Down – What’s Next?

Shares of Lasertec Co. (OTCMKTS:LSRCY) gapped down before the market opened on Tuesday . The stock had previously closed at $48.99, but opened at $45.00. Lasertec shares last traded at $45.10, with a volume of 15,840 shares changing hands.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Lasertec to a “hold” rating in a research report on Friday, April 10th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

Lasertec Stock Performance

The stock’s 50-day moving average price is $49.53 and its 200-day moving average price is $43.46.

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.