Keyence Corporation (OTCMKTS:KYCCF – Get Free Report)’s share price dropped 10.8% during trading on Thursday . The stock traded as low as $407.7450 and last traded at $410.50. Approximately 85 shares changed hands during trading, a decline of 98% from the average daily volume of 5,071 shares. The stock had previously closed at $460.00.
Wall Street Analyst Weigh In
KYCCF has been the topic of several research analyst reports. The Goldman Sachs Group raised shares of Keyence from a “hold” rating to a “buy” rating in a research note on Thursday, May 28th. Zacks Research raised shares of Keyence to a “hold” rating in a research note on Tuesday, May 19th. Finally, Erste Group Bank raised shares of Keyence to a “strong-buy” rating in a research note on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on KYCCF
Keyence Stock Down 0.9%
About Keyence
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.
Featured Stories
- Five stocks we like better than Keyence
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
- Patent Cliff Predators: GSK Acquires Nuvalent For $10.6 Billion
- Cracker Barrel Surges 23% as Earnings Beat Signals Turnaround Progress
Receive News & Ratings for Keyence Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keyence and related companies with MarketBeat.com's FREE daily email newsletter.
