Lasertec (OTCMKTS:LSRCY) Shares Up 16.7% – Time to Buy?

Lasertec Co. (OTCMKTS:LSRCY)’s stock price shot up 16.7% during trading on Wednesday . The stock traded as high as $66.7450 and last traded at $66.7450. 3,941 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 95,677 shares. The stock had previously closed at $57.19.

Wall Street Analysts Forecast Growth

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

Lasertec Price Performance

The company’s 50 day moving average is $52.55 and its 200 day moving average is $45.48.

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.