Shares of Lasertec Co. (OTCMKTS:LSRCY – Get Free Report) crossed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $49.72 and traded as low as $48.46. Lasertec shares last traded at $48.54, with a volume of 82,465 shares changing hands.
Analysts Set New Price Targets
Separately, Zacks Research cut shares of Lasertec from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. One equities research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on LSRCY
Lasertec Trading Up 9.7%
The company’s fifty day moving average price is $49.80 and its 200-day moving average price is $49.66.
About Lasertec
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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