Lasertec (OTCMKTS:LSRCY) Shares Gap Up – Still a Buy?

Lasertec Co. (OTCMKTS:LSRCY – Get Free Report) gapped up prior to trading 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.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered shares of Lasertec from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. One analyst has rated the stock with a Hold rating. Based on data from MarketBeat, Lasertec presently has a consensus rating of “Hold”.

Read Our Latest Report on Lasertec

Lasertec Trading Down 2.5%

The business’s 50-day simple moving average is $49.88 and its two-hundred day simple moving average is $49.61.

About Lasertec

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Lasertec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lasertec and related companies with MarketBeat.com's FREE daily email newsletter.