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

Lasertec Co. (OTCMKTS:LSRCY) shares gapped up prior to trading on Tuesday. The stock had previously closed at $50.92, but opened at $53.15. Lasertec shares last traded at $53.2820, with a volume of 7,327 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded shares of Lasertec from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 17th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Lasertec Stock Up 4.9%

The company has a fifty day moving average of $47.61 and a two-hundred day moving average of $50.94.

About Lasertec

Lasertec Corporation is a Japan-based manufacturer of inspection and measurement equipment used in advanced manufacturing. The company is best known for systems that inspect semiconductor photomasks and mask blanks, which are critical components in the lithography process used to produce integrated circuits.

Lasertec’s product portfolio includes inspection systems for extreme ultraviolet (EUV) and other semiconductor lithography applications, as well as equipment for detecting defects and measuring surface characteristics.