Lasertec (OTCMKTS:LSRCY) Stock Price Up 18% – Here’s Why

Lasertec Co. (OTCMKTS:LSRCY – Get Free Report) shares rose 18% on Monday. The stock traded as high as $51.45 and last traded at $51.4250. Approximately 12,827 shares traded hands during trading, a decline of 87% from the average session volume of 102,140 shares. The stock had previously closed at $43.58.

Analyst Ratings Changes

Separately, Zacks Research cut shares of Lasertec from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 17th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat, the stock has an average rating of “Hold”.

Get Our Latest Stock Report on LSRCY

Lasertec Stock Up 0.5%

The stock has a 50 day moving average of $49.86 and a two-hundred day moving average of $49.70.

Lasertec Company Profile

(Get Free Report)

Lasertec Corporation is a Japan-based manufacturer of inspection and measurement equipment used in the semiconductor and flat-panel display industries. The company develops systems that help manufacturers detect defects, measure critical dimensions and evaluate the quality of wafers, photomasks and other precision components used in electronics production.

Lasertec’s product portfolio includes semiconductor mask inspection and review systems, wafer inspection and metrology equipment, and specialized solutions for extreme ultraviolet (EUV) lithography masks.

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