Hoya (OTCMKTS:HOCPY) Stock Price Crosses Below 50 Day Moving Average of $81.83

Hoya Corp (OTCMKTS:HOCPY) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $81.83 and traded as low as $81.26. Hoya shares last traded at $82.01, with a volume of 3,391 shares traded.

Several research firms have commented on HOCPY. Jefferies Financial Group lowered Hoya from a “buy” rating to a “hold” rating in a research report on Wednesday, June 19th. Zacks Investment Research lowered Hoya from a “hold” rating to a “sell” rating in a research report on Tuesday, August 20th. Finally, ValuEngine lowered Hoya from a “hold” rating to a “sell” rating in a research report on Wednesday, October 2nd.

The company has a market cap of $31.41 billion, a price-to-earnings ratio of 28.42, a price-to-earnings-growth ratio of 2.66 and a beta of 0.66. The firm has a 50-day simple moving average of $81.91 and a 200 day simple moving average of $75.02.

Hoya Company Profile (OTCMKTS:HOCPY)

HOYA Corporation engages in the life care and information technology businesses. The company offers healthcare products, including eyeglass and contact lenses; and medical products, such as medical endoscopes, laparoscopic surgical instruments, intraocular lenses, and prosthetic ceramic fillers and orthopedic implants.

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