HOYA (OTCMKTS:HOCPY) Stock Passes Below 200-Day Moving Average of $121.57

HOYA Co. (OTCMKTS:HOCPY) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $121.57 and traded as low as $118.01. HOYA shares last traded at $120.40, with a volume of 33,730 shares changing hands.

HOYA Stock Performance

The company has a market cap of $42.26 billion, a P/E ratio of 33.73, a price-to-earnings-growth ratio of 2.78 and a beta of 0.82. The company’s 50-day moving average is $118.61 and its two-hundred day moving average is $121.57. The company has a quick ratio of 4.11, a current ratio of 4.84 and a debt-to-equity ratio of 0.02.

HOYA (OTCMKTS:HOCPY) last posted its quarterly earnings results on Wednesday, May 15th. The technology company reported $1.10 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.27. The company had revenue of $1.39 billion during the quarter. HOYA had a net margin of 22.83% and a return on equity of 20.47%. Equities analysts predict that HOYA Co. will post 3.69 EPS for the current year.

About HOYA

HOYA Corporation, a med-tech company, provides high-tech and medical products worldwide. It operates through three segments: Life Care, Telecommunication, and Other. The company offers life care products, including eyeglass and contact lenses; medical endoscopes; intraocular lenses; laparoscopic surgical instruments; automatic endoscope cleaning equipment; and other medical related products, such as prosthetic ceramic fillers and metallic implants for orthopedics.