Lasertec (OTCMKTS:LSRCY) Trading Down 6.4% – Here’s What Happened

Shares of Lasertec Co. (OTCMKTS:LSRCYGet Free Report) fell 6.4% on Wednesday . The company traded as low as $45.3550 and last traded at $45.3550. 17,243 shares were traded during mid-day trading, a decline of 84% from the average session volume of 106,123 shares. The stock had previously closed at $48.47.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Lasertec to a “hold” rating in a research note on Friday, April 10th. One analyst has rated the stock with a Hold rating, According to MarketBeat, Lasertec has an average rating of “Hold”.

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Lasertec Stock Performance

The firm’s 50 day moving average is $49.43 and its two-hundred day moving average is $43.40.

About Lasertec

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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.

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