Lasertec Co. (OTCMKTS:LSRCY – Get Free Report) shares fell 17% on Friday. The stock traded as low as $40.22 and last traded at $40.53. 1,599 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 103,023 shares. The stock had previously closed at $48.81.
Wall Street Analysts Forecast Growth
Separately, Zacks Research downgraded Lasertec from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.
Check Out Our Latest Analysis on LSRCY
Lasertec Stock Performance
The firm has a 50 day moving average price of $49.84 and a 200-day moving average price of $49.67.
Lasertec Company Profile
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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