Lasertec (OTCMKTS:LSRCY) Shares Gap Down – Here’s Why

Shares of Lasertec Co. (OTCMKTS:LSRCY – Get Free Report) gapped down prior to trading on Tuesday. The stock had previously closed at $60.50, but opened at $57.10. Lasertec shares last traded at $58.02, with a volume of 1,868 shares trading hands.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Research Report on Lasertec

Lasertec Trading Down 1.8%

The stock has a fifty day simple moving average of $49.17 and a 200-day simple moving average of $51.88.

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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