Lasertec (OTCMKTS:LSRCY) Trading Down 6% – Here’s Why

Lasertec Co. (OTCMKTS:LSRCY)’s share price traded down 6% on Wednesday . The company traded as low as $51.46 and last traded at $51.46. 15,022 shares traded hands during trading, a decline of 86% from the average session volume of 111,016 shares. The stock had previously closed at $54.73.

Analyst Ratings Changes

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 MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Lasertec Price Performance

The stock’s fifty day moving average is $43.36 and its 200 day moving average is $39.12.

Lasertec Company Profile

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.