Keyence Corporation (OTCMKTS:KYCCF – Get Free Report) shares rose 4.8% during mid-day trading on Thursday . The stock traded as high as $521.97 and last traded at $516.04. 960 shares changed hands during trading, a decline of 77% from the average daily volume of 4,187 shares. The stock had previously closed at $492.38.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on KYCCF shares. The Goldman Sachs Group upgraded 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 report on Tuesday, May 19th. Finally, Citigroup raised shares of Keyence from a “hold” rating to a “buy” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy”.
Check Out Our Latest Stock Report on Keyence
Keyence Stock Performance
Keyence Company Profile
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.
Featured Articles
- Five stocks we like better than Keyence
- 3 Under-$20 Stocks Tied to the Future of U.S. Energy and Materials
- Uncle Sam’s Quantum Leap: Feds Fund a $300M Quantum Supercycle
- Chewy’s Sell-Off Puts Its Recurring Revenue Story Back on Trial for Investors
- Insider Sales Eclipse $450M Across 3 AI Winners, With NVIDIA Leading the Pack
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.
