HOYA (OTCMKTS:HOCPY) Stock Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

HOYA Co. (OTCMKTS:HOCPY) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $132.02 and traded as low as $115.99. HOYA shares last traded at $116.75, with a volume of 29,658 shares trading hands.

HOYA Price Performance

The company’s 50-day simple moving average is $126.93 and its 200 day simple moving average is $132.02. The company has a market capitalization of $40.38 billion, a P/E ratio of 29.71, a P/E/G ratio of 2.38 and a beta of 0.83. The company has a quick ratio of 4.35, a current ratio of 5.04 and a debt-to-equity ratio of 0.02.

HOYA (OTCMKTS:HOCPY) last issued its quarterly earnings data on Thursday, February 6th. The technology company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.94. HOYA had a net margin of 24.17% and a return on equity of 21.34%. As a group, sell-side analysts expect that HOYA Co. will post 3.66 earnings per share for the current fiscal 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.