Lasertec (OTCMKTS:LSRCY) Trading Down 13.7% – Time to Sell?

Shares of Lasertec Co. (OTCMKTS:LSRCYGet Free Report) were down 13.7% during trading on Wednesday . The stock traded as low as $62.03 and last traded at $62.03. 1,363 shares traded hands during trading, a decline of 99% from the average session volume of 95,354 shares. The stock had previously closed at $71.87.

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 MarketBeat, the company has an average rating of “Hold”.

Check Out Our Latest Report on Lasertec

Lasertec Trading Down 2.3%

The firm has a 50-day moving average of $54.52 and a 200-day moving average of $46.62.

About Lasertec

(Get Free Report)

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.

Further Reading

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