Lasertec Co. (OTCMKTS:LSRCY – Get Free Report)’s share price gapped up prior to trading on Monday. The stock had previously closed at $37.50, but opened at $42.10. Lasertec shares last traded at $42.99, with a volume of 1,014,045 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Zacks Research cut Lasertec from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. One equities research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.
View Our Latest Analysis on LSRCY
Lasertec Price Performance
About Lasertec
Lasertec Corporation is a Japan-based developer and manufacturer of inspection and measurement equipment. The company serves the semiconductor industry with systems used to detect and analyze defects in photomasks, mask blanks and silicon wafers, including equipment designed for extreme ultraviolet (EUV) lithography processes.
Its product range also includes inspection and measurement systems for other industrial applications, as well as laser microscopes. Lasertec’s equipment helps semiconductor manufacturers and related businesses monitor materials and processes where small defects can affect production quality.
Founded in 1960, Lasertec serves customers internationally through its global sales and support operations.
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