Keyence (OTCMKTS:KYCCF) Shares Gap Down – Time to Sell?

Shares of Keyence Corporation (OTCMKTS:KYCCF – Get Free Report) gapped down prior to trading on Thursday. The stock had previously closed at $515.51, but opened at $482.15. Keyence shares last traded at $506.00, with a volume of 102 shares traded.

Wall Street Analyst Weigh In

Separately, Citigroup upgraded Keyence from a “hold” rating to a “buy” rating in a research report on Tuesday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy”.

Check Out Our Latest Research Report on Keyence

Keyence Stock Performance

The firm has a market cap of $122.62 billion, a PE ratio of 140.44 and a beta of 1.36. The stock’s 50 day simple moving average is $513.07 and its 200 day simple moving average is $473.81.

Keyence Company Profile

(Get Free Report)

Keyence Corporation is a Japan-based provider of factory automation and industrial technology products. The company develops and sells sensors, measuring instruments, machine-vision systems, barcode readers, laser markers, microscopes and related control and inspection equipment used in manufacturing and other industrial applications.

Keyence’s products are designed to help manufacturers automate production processes, inspect parts, identify products, measure dimensions and improve quality control.

Further Reading

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