Lasertec (OTCMKTS:LSRCY) Shares Gap Down – Here’s Why

Lasertec Co. (OTCMKTS:LSRCYGet Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $60.75, but opened at $58.45. Lasertec shares last traded at $58.59, with a volume of 7,355 shares.

Analysts Set New Price Targets

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

Get Our Latest Stock Analysis on Lasertec

Lasertec Price Performance

The firm has a 50-day simple moving average of $52.93 and a 200 day simple moving average of $45.70.

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.

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