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

Lasertec Co. (OTCMKTS:LSRCY) shares gapped down prior to trading on Tuesday . The stock had previously closed at $48.99, but opened at $45.00. Lasertec shares last traded at $45.10, with a volume of 15,840 shares traded.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Lasertec to a “hold” rating in a research note on Friday, April 10th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Lasertec presently has a consensus rating of “Hold”.

Lasertec Stock Down 6.9%

The stock’s fifty day simple moving average is $49.34 and its 200-day simple moving average is $43.29.

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.