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

HOYA Co. (OTCMKTS:HOCPY) saw a significant decrease in short interest in March. As of March 31st, there was short interest totalling 4,100 shares, a decrease of 84.8% from the March 15th total of 26,900 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 71,200 shares, the short-interest ratio is currently 0.1 days.

HOYA Stock Performance

Shares of HOCPY traded up $3.35 on Monday, reaching $107.36. 105,767 shares of the company’s stock traded hands, compared to its average volume of 40,250. The stock’s 50 day simple moving average is $116.60 and its two-hundred day simple moving average is $127.00. The company has a current ratio of 5.04, a quick ratio of 4.35 and a debt-to-equity ratio of 0.02. HOYA has a 52-week low of $97.49 and a 52-week high of $148.27. The stock has a market cap of $37.13 billion, a PE ratio of 27.32, 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, 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%. On average, analysts forecast that HOYA will post 3.66 earnings per share for the current fiscal 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.