Lasertec (OTCMKTS:LSRCY) Shares Gap Down – What’s Next?

Lasertec Co. (OTCMKTS:LSRCY) gapped down before the market opened on Tuesday. The stock had previously closed at $60.50, but opened at $57.10. Lasertec shares last traded at $58.02, with a volume of 1,868 shares.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of Lasertec from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 17th. One analyst has rated the stock with a Hold rating. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Lasertec Stock Down 4.8%

The firm’s 50 day moving average price is $49.14 and its two-hundred day moving average price is $52.09.

Lasertec Company Profile

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.