Lasertec (OTCMKTS:LSRCY) Sees Unusually-High Trading Volume – Time to Buy?

Lasertec Co. (OTCMKTS:LSRCY) saw an uptick in trading volume on Tuesday . 179,702 shares traded hands during mid-day trading, an increase of 81% from the previous session’s volume of 99,387 shares.The stock last traded at $56.74 and had previously closed at $54.70.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Lasertec from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Strong Buy”.

Lasertec Trading Up 4.2%

The business has a fifty day simple moving average of $55.61 and a 200 day simple moving average of $48.50.

About Lasertec

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.