Keyence (OTCMKTS:KYCCF) Shares Gap Down – Here’s What Happened

Keyence Corporation (OTCMKTS:KYCCFGet Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $506.3940, but opened at $459.7275. Keyence shares last traded at $478.1680, with a volume of 92 shares changing hands.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on KYCCF shares. Erste Group Bank raised Keyence to a “strong-buy” rating in a research report on Tuesday, May 12th. Zacks Research raised Keyence to a “hold” rating in a research report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Report on Keyence

Keyence Trading Down 2.5%

The business has a 50-day simple moving average of $424.33 and a two-hundred day simple moving average of $388.20.

About Keyence

(Get Free Report)

Keyence Corporation, established in 1974 by Takemitsu Takizaki and headquartered in Osaka, Japan, is a leading developer and manufacturer of automation and inspection equipment. The company focuses on delivering advanced technologies that improve manufacturing efficiency and quality control for a broad range of industries, including automotive, electronics, pharmaceuticals, food and beverage, and packaging.

Keyence’s product portfolio encompasses a variety of sensors, vision systems, laser markers, digital microscopes and measuring instruments.

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