Lasertec (OTCMKTS:LSRCY) Stock Price Up 5.2% – Here’s Why

Lasertec Co. (OTCMKTS:LSRCY – Get Free Report)’s share price traded up 5.2% during mid-day trading on Monday. The stock traded as high as $61.00 and last traded at $60.10. Approximately 1,881 shares changed hands during trading, a decline of 98% from the average session volume of 101,542 shares. The stock had previously closed at $57.13.

Analyst Upgrades and Downgrades

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

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Lasertec Stock Performance

The business’s 50 day simple moving average is $49.19 and its 200-day simple moving average is $51.99.

About Lasertec

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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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