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

Lasertec Co. (OTCMKTS:LSRCY – Get Free Report)’s share price gapped up prior to trading on Friday. The stock had previously closed at $58.44, but opened at $61.20. Lasertec shares last traded at $61.00, with a volume of 508 shares traded.

Wall Street Analysts Forecast Growth

Separately, Zacks Research cut Lasertec from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Get Our Latest Analysis on LSRCY

Lasertec Stock Performance

The firm’s 50 day moving average is $48.76 and its 200 day moving average is $51.62.

About Lasertec

(Get Free Report)

Lasertec Corporation develops and manufactures inspection and measurement equipment based on laser, optical, and image-processing technologies. The company primarily serves semiconductor manufacturers and related suppliers, providing systems designed to detect defects, measure dimensions, and assess the quality of critical manufacturing materials and components.

Its product portfolio includes inspection systems for semiconductor photomasks, including advanced systems used in extreme ultraviolet (EUV) lithography processes, as well as wafer inspection and metrology equipment.

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