Lasertec (OTCMKTS:LSRCY) Hits New 1-Year High – Here’s Why

Lasertec Co. (OTCMKTS:LSRCY)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $59.66 and last traded at $58.55, with a volume of 3057 shares changing hands. The stock had previously closed at $55.60.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Lasertec to a “hold” rating in a research report on Friday, April 10th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Lasertec Stock Performance

The company has a 50-day simple moving average of $47.88 and a 200-day simple moving average of $42.08.

About Lasertec

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.