HOYA (OTCMKTS:HOCPY) Shares Pass Below Two Hundred Day Moving Average – Should You Sell?

HOYA Co. (OTCMKTS:HOCPYGet Free Report)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $131.25 and traded as low as $126.82. HOYA shares last traded at $128.71, with a volume of 15,684 shares trading hands.

HOYA Stock Up 1.5 %

The company has a debt-to-equity ratio of 0.02, a current ratio of 5.14 and a quick ratio of 4.43. The firm has a 50 day simple moving average of $130.38 and a 200-day simple moving average of $131.25. The stock has a market capitalization of $44.83 billion, a price-to-earnings ratio of 34.51, a price-to-earnings-growth ratio of 2.51 and a beta of 0.82.

HOYA Company Profile

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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.

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