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

Lasertec Co. (OTCMKTS:LSRCY – Get Free Report) shares gapped up before the market opened on Tuesday. The stock had previously closed at $43.58, but opened at $52.00. Lasertec shares last traded at $51.2340, with a volume of 1,474 shares.

Wall Street Analysts Forecast Growth

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

Read Our Latest Report on Lasertec

Lasertec Trading Down 23.4%

The stock’s 50-day moving average is $49.95 and its 200-day moving average is $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.

Further Reading

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