LeCROY (NASDAQ: LCRY)‘s stock had its “buy” rating reiterated by investment analysts at Needham & Company in a note issued to investors on Thursday.
Separately, analysts at Zacks Investment Research downgraded shares of LeCROY from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, December 28th.
LeCroy Corporation (LeCroy) develops, manufactures, sells and licenses oscilloscopes and communication protocol analyzers. The Company’s oscilloscopes are tools used to measure and analyze electronic signals in order to develop systems and validate electronic designs. It offers seven families of oscilloscopes: WaveExpert, WaveMaster, WavePro, WaveRunner, WaveSurfer, WaveJet and WaveAce. Its protocol analyzers monitor communications traffic and diagnose operational problems in a range of communications devices. It generates revenue from the sale of its oscilloscopes, protocol analyzers, probes, accessories, and applications solutions. It also generates revenue from the sales of warranty contracts, maintenance contracts and repairs and calibrations on its instruments after their warranties expire. It provides products to customers in four industry sectors, including computer, semiconductor and consumer electronics; data storage; automotive and industrial, and military and aerospace.
LeCROY traded down 0.79% on Thursday, hitting $10.03. LeCROY has a 52-week low of $6.52 and a 52-week high of $16.24. The stock has a 50-day moving average of $9.45 and a 200-day moving average of $9.10. The company has a market cap of $165.3 million and a price-to-earnings ratio of 14.40.