Lasertec (OTCMKTS:LSRCY) Shares Gap Down – Here’s Why

Lasertec Co. (OTCMKTS:LSRCY – Get Free Report) shares gapped down before the market opened on Monday. The stock had previously closed at $60.39, but opened at $58.30. Lasertec shares last traded at $58.01, with a volume of 6,011 shares.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded shares of Lasertec from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 17th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Lasertec has a consensus rating of “Hold”.

View Our Latest Analysis on LSRCY

Lasertec Stock Down 0.1%

The stock has a fifty day simple moving average of $48.24 and a two-hundred day simple moving average of $51.41.

About Lasertec

(Get Free Report)

Lasertec Corporation develops and manufactures inspection and measurement equipment based on laser, optical, and image-processing technologies. The company primarily serves semiconductor manufacturers and related suppliers, providing systems designed to detect defects, measure dimensions, and assess the quality of critical manufacturing materials and components.

Its product portfolio includes inspection systems for semiconductor photomasks, including advanced systems used in extreme ultraviolet (EUV) lithography processes, as well as wafer inspection and metrology equipment.

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