Hoya (OTCMKTS:HOCPY) Sees Strong Trading Volume – What’s Next?

Hoya Corp. (OTCMKTS:HOCPYGet Free Report) shares saw strong trading volume on Monday . 44,891 shares changed hands during mid-day trading, an increase of 24% from the previous session’s volume of 36,181 shares.The stock last traded at $165.2344 and had previously closed at $160.87.

Hoya Trading Up 0.3%

The company has a quick ratio of 4.15, a current ratio of 4.81 and a debt-to-equity ratio of 0.03. The company has a fifty day moving average of $160.02 and a two-hundred day moving average of $170.46. The stock has a market capitalization of $55.35 billion, a price-to-earnings ratio of 32.80, a P/E/G ratio of 3.57 and a beta of 0.98.

Hoya (OTCMKTS:HOCPYGet Free Report) last announced its quarterly earnings data on Friday, July 31st. The technology company reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.10. Hoya had a net margin of 27.58% and a return on equity of 25.15%. The company had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.55 billion. On average, research analysts expect that Hoya Corp. will post 5.04 EPS for the current year.

About Hoya

(Get Free Report)

Hoya Corporation (OTCMKTS: HOCPY) is a Tokyo-based global manufacturer and supplier of optical products and related technologies. The company designs, produces and sells a broad range of optical materials and finished optics for consumer, industrial and healthcare markets, serving customers across Asia, Europe, the Americas and other regions worldwide.

Hoya’s product portfolio includes ophthalmic lenses and related vision-care products for eyeglasses, optical glass and lens blanks, and precision optical components used by original equipment manufacturers.

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