Keyence (OTCMKTS:KYCCF) Shares Up 6.1% – Time to Buy?

Keyence Corporation (OTCMKTS:KYCCFGet Free Report) traded up 6.1% on Monday . The company traded as high as $545.00 and last traded at $544.99. Approximately 262 shares traded hands during trading, a decline of 94% from the average daily volume of 4,293 shares. The stock had previously closed at $513.65.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on KYCCF shares. The Goldman Sachs Group upgraded Keyence from a “hold” rating to a “buy” rating in a research report on Thursday, May 28th. Erste Group Bank upgraded shares of Keyence to a “strong-buy” rating in a research report on Tuesday, May 12th. Finally, Zacks Research upgraded shares of Keyence to a “hold” rating in a report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy”.

Get Our Latest Analysis on KYCCF

Keyence Stock Up 1.4%

The company has a fifty day moving average price of $497.30 and a 200 day moving average price of $451.45.

Keyence Company Profile

(Get Free Report)

Keyence Corporation, established in 1974 by Takemitsu Takizaki and headquartered in Osaka, Japan, is a leading developer and manufacturer of automation and inspection equipment. The company focuses on delivering advanced technologies that improve manufacturing efficiency and quality control for a broad range of industries, including automotive, electronics, pharmaceuticals, food and beverage, and packaging.

Keyence’s product portfolio encompasses a variety of sensors, vision systems, laser markers, digital microscopes and measuring instruments.

Further Reading

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