Lasertec (OTCMKTS:LSRCY) Stock Jumps 18% – Still a Buy?

Lasertec Co. (OTCMKTS:LSRCY – Get Free Report) shares traded up 18% during mid-day trading on Monday. The stock traded as high as $51.45 and last traded at $51.4250. 12,827 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 102,140 shares. The stock had previously closed at $43.58.

Analyst Ratings Changes

Separately, Zacks Research cut Lasertec from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat, Lasertec presently has an average rating of “Hold”.

View Our Latest Research Report on Lasertec

Lasertec Price Performance

The firm’s 50-day simple moving average is $49.60 and its two-hundred day simple moving average is $49.63.

About Lasertec

(Get Free Report)

Lasertec Corporation is a Japan-based manufacturer of inspection and measurement equipment used in the semiconductor and flat-panel display industries. The company develops systems that help manufacturers detect defects, measure critical dimensions and evaluate the quality of wafers, photomasks and other precision components used in electronics production.

Lasertec’s product portfolio includes semiconductor mask inspection and review systems, wafer inspection and metrology equipment, and specialized solutions for extreme ultraviolet (EUV) lithography masks.

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