Keyence (OTCMKTS:KYCCF) Shares Gap Down – Should You Sell?

Keyence Corporation (OTCMKTS:KYCCFGet Free Report)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $544.50, but opened at $497.3525. Keyence shares last traded at $512.12, with a volume of 54 shares changing hands.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Zacks Research raised Keyence to a “hold” rating in a report on Tuesday, May 19th. The Goldman Sachs Group raised shares of Keyence from a “hold” rating to a “buy” rating in a report on Thursday, May 28th. Finally, Erste Group Bank upgraded shares of Keyence to a “strong-buy” rating in a research report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Keyence presently has a consensus rating of “Buy”.

Read Our Latest Analysis on KYCCF

Keyence Price Performance

The stock’s fifty day moving average is $490.79 and its two-hundred day moving average is $442.96.

Keyence Company Profile

(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.

Further Reading

Receive News & Ratings for Keyence Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keyence and related companies with MarketBeat.com's FREE daily email newsletter.