Shares of Lasertec Co. (OTCMKTS:LSRCY – Get Free Report) dropped 14.6% during mid-day trading on Friday . The stock traded as low as $50.3580 and last traded at $50.4050. 931 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 103,813 shares. The stock had previously closed at $59.00.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded Lasertec from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the company currently has an average rating of “Strong Buy”.
Get Our Latest Analysis on LSRCY
Lasertec Stock Performance
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.
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