Keyence (OTCMKTS:KYCCF) Shares Gap Down – Time to Sell?

Keyence Corporation (OTCMKTS:KYCCF) gapped down before the market opened on Friday . The stock had previously closed at $475.00, but opened at $439.00. Keyence shares last traded at $431.39, with a volume of 677 shares traded.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on KYCCF. Erste Group Bank raised Keyence to a “strong-buy” rating in a research report on Tuesday, May 12th. The Goldman Sachs Group raised Keyence from a “hold” rating to a “buy” rating in a report on Thursday, May 28th. Finally, Zacks Research raised Keyence to a “hold” rating in a report on Tuesday, May 19th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy”.

Keyence Stock Down 0.0%

The company’s fifty day simple moving average is $485.63 and its two-hundred day simple moving average is $422.38.

Keyence Company Profile

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.