Lasertec Co. (OTCMKTS:LSRCY – Get Free Report)’s share price was down 10.8% during mid-day trading on Thursday. The company traded as low as $49.01 and last traded at $49.50. Approximately 18,499 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 100,302 shares. The stock had previously closed at $55.52.
Wall Street Analysts Forecast Growth
Separately, Zacks Research downgraded shares of Lasertec from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 17th. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.
View Our Latest Report on Lasertec
Lasertec Stock Performance
About Lasertec
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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