Keyence (OTCMKTS:KYCCF) Shares Gap Up – What’s Next?

Shares of Keyence Corporation (OTCMKTS:KYCCF) gapped up prior to trading on Monday . The stock had previously closed at $552.01, but opened at $572.71. Keyence shares last traded at $549.5920, with a volume of 238 shares trading hands.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Erste Group Bank raised Keyence to a “strong-buy” rating in a report on Tuesday, May 12th. Zacks Research upgraded Keyence to a “hold” rating in a research note on Tuesday, May 19th. Finally, The Goldman Sachs Group raised Keyence from a “hold” rating to a “buy” rating in a research report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Keyence has a consensus rating of “Buy”.

Keyence Trading Down 5.3%

The company has a 50 day moving average of $490.79 and a two-hundred day moving average of $442.96.

Keyence Company Profile

Keyence Corporation, established in 1974 by Takemitsu Takizaki and headquartered in Osaka, Japan, is a leading developer and manufacturer of automation and inspection equipment. The company focuses on delivering advanced technologies that improve manufacturing efficiency and quality control for a broad range of industries, including automotive, electronics, pharmaceuticals, food and beverage, and packaging.

Keyence’s product portfolio encompasses a variety of sensors, vision systems, laser markers, digital microscopes and measuring instruments.