Shares of Lasertec Co. (OTCMKTS:LSRCY – Get Free Report) crossed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $49.72 and traded as low as $48.46. Lasertec shares last traded at $48.54, with a volume of 82,465 shares trading hands.
Analysts Set New Price Targets
Separately, Zacks Research cut Lasertec from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat, the company has a consensus rating of “Hold”.
Read Our Latest Analysis on Lasertec
Lasertec Stock Down 3.9%
The company has a fifty day simple moving average of $49.95 and a 200-day simple moving average of $49.72.
Lasertec Company Profile
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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