Lasertec (OTCMKTS:LSRCY) Shares Up 8.3% – Here’s What Happened

Lasertec Co. (OTCMKTS:LSRCYGet Free Report) was up 8.3% during trading on Wednesday . The company traded as high as $53.70 and last traded at $51.95. Approximately 1,753 shares changed hands during trading, a decline of 98% from the average daily volume of 103,919 shares. The stock had previously closed at $47.96.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded 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, Lasertec has an average rating of “Hold”.

Check Out Our Latest Analysis on LSRCY

Lasertec Stock Performance

The company’s 50-day moving average price is $49.87 and its two-hundred day moving average price is $43.74.

Lasertec Company Profile

(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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