HOYA Co. (OTCMKTS:HOCPY) Sees Significant Decrease in Short Interest

HOYA Co. (OTCMKTS:HOCPY) saw a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 4,700 shares, a decline of 30.9% from the February 29th total of 6,800 shares. Based on an average daily volume of 32,600 shares, the short-interest ratio is presently 0.1 days.

HOYA Trading Down 0.5 %

OTCMKTS HOCPY traded down $0.58 during trading hours on Friday, reaching $124.54. The company’s stock had a trading volume of 12,980 shares, compared to its average volume of 16,258. The firm has a fifty day simple moving average of $126.72 and a 200-day simple moving average of $115.85. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.84 and a quick ratio of 4.11. HOYA has a 52 week low of $95.04 and a 52 week high of $135.00. The stock has a market cap of $43.71 billion, a P/E ratio of 36.95, a P/E/G ratio of 2.47 and a beta of 0.84.

HOYA (OTCMKTS:HOCPY) last announced its quarterly earnings results on Thursday, February 1st. The technology company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.07). HOYA had a net margin of 21.50% and a return on equity of 19.46%. The business had revenue of $1.36 billion during the quarter. Equities analysts forecast that HOYA will post 3.35 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.