Lasertec (OTCMKTS:LSRCY) Shares Gap Up – Should You Buy?

Shares of Lasertec Co. (OTCMKTS:LSRCY) gapped up before the market opened on Tuesday . The stock had previously closed at $48.34, but opened at $52.74. Lasertec shares last traded at $53.79, with a volume of 1,485 shares.

Wall Street Analysts Forecast Growth

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

Lasertec Stock Performance

The business has a 50 day moving average of $49.72 and a 200 day moving average of $43.63.

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.