Lasertec Co. (OTCMKTS:LSRCY – Get Free Report) gapped up before the market opened on Monday. The stock had previously closed at $37.50, but opened at $42.10. Lasertec shares last traded at $42.99, with a volume of 1,014,045 shares trading hands.
Wall Street Analyst Weigh In
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. According to MarketBeat.com, the stock has a consensus rating of “Hold”.
View Our Latest Stock Report on Lasertec
Lasertec Stock Up 4.6%
The business’s 50 day moving average is $49.80 and its 200-day moving average is $49.66.
About Lasertec
Lasertec Corporation is a Japan-based developer and manufacturer of inspection and measurement equipment. The company serves the semiconductor industry with systems used to detect and analyze defects in photomasks, mask blanks and silicon wafers, including equipment designed for extreme ultraviolet (EUV) lithography processes.
Its product range also includes inspection and measurement systems for other industrial applications, as well as laser microscopes. Lasertec’s equipment helps semiconductor manufacturers and related businesses monitor materials and processes where small defects can affect production quality.
Founded in 1960, Lasertec serves customers internationally through its global sales and support operations.
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