HOYA (OTCMKTS:HOCPY) Sets New 1-Year Low – Time to Sell?

Shares of HOYA Co. (OTCMKTS:HOCPY) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $104.36 and last traded at $104.95, with a volume of 41008 shares changing hands. The stock had previously closed at $110.27.

HOYA Trading Down 3.9 %

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 firm has a 50-day moving average price of $120.81 and a 200-day moving average price of $128.76. The company has a market capitalization of $34.88 billion, a price-to-earnings ratio of 25.66, a PEG ratio of 2.38 and a beta of 0.90.

HOYA (OTCMKTS:HOCPY) last issued its quarterly earnings results on Thursday, February 6th. The technology company reported $0.95 earnings per share for the quarter, beating 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 predict that HOYA Co. will post 3.66 EPS for the current year.

HOYA Company Profile

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.