Lasertec (OTCMKTS:LSRCY) Sets New 1-Year High – Should You Buy?

Shares of Lasertec Co. (OTCMKTS:LSRCY) reached a new 52-week high during trading on Monday . The stock traded as high as $60.46 and last traded at $60.23, with a volume of 4572 shares. The stock had previously closed at $56.07.

Analyst Ratings Changes

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

Lasertec Stock Down 5.9%

The firm’s 50 day moving average is $52.55 and its 200 day moving average is $45.48.

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.