Lasertec Co. (OTCMKTS:LSRCY – Get Free Report)’s stock price was down 17% during mid-day trading on Friday. The company traded as low as $40.22 and last traded at $40.53. Approximately 1,599 shares traded hands during trading, a decline of 98% from the average daily volume of 103,023 shares. The stock had previously closed at $48.81.
Analyst Ratings Changes
Separately, Zacks Research downgraded Lasertec from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.
Read Our Latest Research Report on LSRCY
Lasertec Stock Up 11.9%
The company has a 50-day moving average price of $49.84 and a 200 day moving average price of $49.67.
About Lasertec
Lasertec Corporation is a Japan-based manufacturer of inspection and measurement equipment used in the semiconductor and flat-panel display industries. The company develops systems that help manufacturers detect defects, measure critical dimensions and evaluate the quality of wafers, photomasks and other precision components used in electronics production.
Lasertec’s product portfolio includes semiconductor mask inspection and review systems, wafer inspection and metrology equipment, and specialized solutions for extreme ultraviolet (EUV) lithography masks.
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