Lasertec Co. (OTCMKTS:LSRCY – Get Free Report)’s stock price gapped down before the market opened on Thursday. The stock had previously closed at $48.81, but opened at $42.89. Lasertec shares last traded at $40.73, with a volume of 8,908 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Zacks Research downgraded Lasertec from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 17th. One analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.
Read Our Latest Report on Lasertec
Lasertec Stock Up 9.7%
The company’s 50 day simple moving average is $49.80 and its 200-day simple moving average is $49.66.
About Lasertec
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.
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