HOYA (OTCMKTS:HOCPY) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

HOYA Co. (OTCMKTS:HOCPY) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $130.58 and traded as low as $116.24. HOYA shares last traded at $117.74, with a volume of 66,440 shares changing hands.

HOYA Stock Up 0.0 %

The company has a current ratio of 5.04, a quick ratio of 4.35 and a debt-to-equity ratio of 0.02. The company’s fifty day simple moving average is $125.19 and its 200 day simple moving average is $130.49. The firm has a market capitalization of $40.55 billion, a P/E ratio of 29.83, a price-to-earnings-growth ratio of 2.38 and a beta of 0.83.

HOYA (OTCMKTS:HOCPY) last released its quarterly earnings results on Thursday, February 6th. The technology company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.94. HOYA had a return on equity of 21.34% and a net margin of 24.17%. Research analysts expect that HOYA Co. will post 3.66 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.