Lasertec (OTCMKTS:LSRCY) Shares Gap Up – Here’s Why

Shares of Lasertec Co. (OTCMKTS:LSRCY – Get Free Report) gapped up before the market opened on Friday. The stock had previously closed at $58.44, but opened at $61.20. Lasertec shares last traded at $61.00, with a volume of 508 shares traded.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Analysis on LSRCY

Lasertec Stock Up 6.7%

The firm’s fifty day moving average price is $48.76 and its 200 day moving average price is $51.62.

Lasertec Company Profile

(Get Free Report)

Lasertec Corporation develops and manufactures inspection and measurement equipment based on laser, optical, and image-processing technologies. The company primarily serves semiconductor manufacturers and related suppliers, providing systems designed to detect defects, measure dimensions, and assess the quality of critical manufacturing materials and components.

Its product portfolio includes inspection systems for semiconductor photomasks, including advanced systems used in extreme ultraviolet (EUV) lithography processes, as well as wafer inspection and metrology equipment.

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