Shares of Lasertec Co. (OTCMKTS:LSRCY – Get Free Report) shot up 10% on Monday . The company traded as high as $52.61 and last traded at $50.79. Approximately 9,603 shares changed hands during trading, a decline of 90% from the average session volume of 100,275 shares. The stock had previously closed at $46.16.
Wall Street Analyst Weigh In
Separately, Zacks Research raised Lasertec from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Strong Buy”.
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Lasertec Trading Up 12.9%
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.
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