Lasertec Co. (OTCMKTS:LSRCY – Get Free Report)’s share price dropped 10.8% during trading on Thursday. The company traded as low as $49.01 and last traded at $49.50. 18,499 shares traded hands during trading, a decline of 82% from the average daily volume of 100,302 shares. The stock had previously closed at $55.52.
Wall Street Analyst Weigh In
Separately, Zacks Research lowered Lasertec from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.
Get Our Latest Research Report on Lasertec
Lasertec Stock Down 2.3%
The business has a fifty day simple moving average of $49.17 and a two-hundred day simple moving average of $52.14.
About Lasertec
Lasertec Corporation develops and manufactures inspection and measurement equipment based on laser, optical, and image-processing technologies. The company primarily serves semiconductor manufacturers and related suppliers, providing systems designed to detect defects, measure dimensions, and assess the quality of critical manufacturing materials and components.
Its product portfolio includes inspection systems for semiconductor photomasks, including advanced systems used in extreme ultraviolet (EUV) lithography processes, as well as wafer inspection and metrology equipment.
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