Keyence (OTCMKTS:KYCCF) Hits New 1-Year High – Still a Buy?

Keyence Corporation (OTCMKTS:KYCCFGet Free Report) reached a new 52-week high on Wednesday . The stock traded as high as $578.63 and last traded at $538.75, with a volume of 408 shares traded. The stock had previously closed at $532.7060.

Analyst Ratings Changes

KYCCF has been the topic of a number of research analyst reports. The Goldman Sachs Group raised Keyence from a “hold” rating to a “buy” rating in a research note on Thursday, May 28th. Zacks Research upgraded shares of Keyence to a “hold” rating in a report on Tuesday, May 19th. Finally, Erste Group Bank raised shares of Keyence to a “strong-buy” rating in a research report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Keyence presently has an average rating of “Buy”.

Read Our Latest Report on KYCCF

Keyence Trading Up 3.7%

The business has a fifty day moving average price of $485.29 and a 200 day moving average price of $437.34.

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.

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