Keyence (OTCMKTS:KYCCF) Shares Gap Down – Here’s What Happened

Keyence Corporation (OTCMKTS:KYCCF)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $553.99, but opened at $515.04. Keyence shares last traded at $557.54, with a volume of 90 shares.

Analyst Upgrades and Downgrades

KYCCF has been the topic of a number of research analyst reports. Zacks Research upgraded shares of Keyence to a “hold” rating in a research note on Tuesday, May 19th. The Goldman Sachs Group upgraded shares of Keyence from a “hold” rating to a “buy” rating in a research report on Thursday, May 28th. Finally, Erste Group Bank raised shares of Keyence to a “strong-buy” rating in a research note on Tuesday, May 12th. One 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 company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Keyence Stock Down 0.5%

The firm’s 50 day moving average is $486.33 and its 200 day moving average is $438.59.

Keyence Company Profile

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.