Lasertec (OTCMKTS:LSRCY) Shares Gap Down – Here’s What Happened

Lasertec Co. (OTCMKTS:LSRCY) shares gapped down before the market opened on Monday . The stock had previously closed at $52.63, but opened at $49.21. Lasertec shares last traded at $51.8750, with a volume of 7,507 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded Lasertec to a “hold” rating in a report on Friday, April 10th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

Lasertec Stock Performance

The stock’s 50 day moving average is $43.36 and its two-hundred day moving average is $39.12.

About Lasertec

Lasertec Corporation, trading in the U.S. OTC market under the symbol LSRCY, is a Tokyo-based manufacturer of advanced inspection and metrology equipment for the global semiconductor and flat panel display industries. The company specializes in laser-based defect inspection and measurement systems that help wafer fabs, mask shops and device manufacturers maintain high yield and quality control throughout photomask, reticle, wafer and display production processes.

Lasertec’s product portfolio includes high-resolution reticle and mask inspection systems, wafer defect inspection tools and overlay metrology equipment.