Shares of Keyence Corporation (OTCMKTS:KYCCF – Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $484.11, but opened at $469.33. Keyence shares last traded at $499.01, with a volume of 946 shares trading hands.
Analyst Ratings Changes
Several research firms have recently weighed in on KYCCF. The Goldman Sachs Group upgraded shares of Keyence from a “hold” rating to a “buy” rating in a research note on Thursday, May 28th. Citigroup upgraded shares of Keyence from a “hold” rating to a “buy” rating in a research report on Tuesday, September 8th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy”.
Check Out Our Latest Stock Analysis on KYCCF
Keyence Price Performance
About Keyence
Keyence Corporation is a Japanese technology company that develops and supplies factory-automation and industrial-measurement equipment. Its products are used by manufacturers to detect, inspect, measure and control production processes across a range of industries.
The company’s product portfolio includes sensors, machine-vision systems, measuring instruments, industrial microscopes, barcode readers, laser markers, programmable logic controllers and related automation solutions. Keyence also provides application support and technical assistance to help customers integrate its equipment into manufacturing operations.
Founded in Japan in 1974, Keyence has expanded its operations internationally and serves customers through offices and sales organizations in markets across Asia, North America, Europe and other regions.
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