Lasertec (OTCMKTS:LSRCY) Trading Up 8.3% – Still a Buy?

Lasertec Co. (OTCMKTS:LSRCYGet Free Report)’s stock price shot up 8.3% during trading on Wednesday . The stock traded as high as $53.70 and last traded at $51.95. 1,753 shares were traded during trading, a decline of 98% from the average session volume of 103,919 shares. The stock had previously closed at $47.96.

Analysts Set New Price Targets

Separately, Zacks Research raised Lasertec to a “hold” rating in a report on Friday, April 10th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

View Our Latest Research Report on LSRCY

Lasertec Trading Down 2.6%

The business’s 50 day moving average is $49.87 and its two-hundred day moving average is $43.74.

Lasertec Company Profile

(Get Free Report)

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.

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