Lasertec (OTCMKTS:LSRCY) Stock Price Down 13.7% – Here’s What Happened

Lasertec Co. (OTCMKTS:LSRCY)’s share price fell 13.7% on Wednesday . The stock traded as low as $62.03 and last traded at $62.03. Approximately 1,363 shares changed hands during trading, a decline of 99% from the average daily volume of 95,354 shares. The stock had previously closed at $71.87.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Lasertec to a “hold” rating in a report on Friday, April 10th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Lasertec presently has a consensus rating of “Hold”.

Lasertec Trading Down 2.3%

The firm has a 50-day moving average price of $54.52 and a 200 day moving average price of $46.62.

Lasertec Company Profile

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.