Hoya (OTCMKTS:HOCPY) Shares Gap Up – Here’s Why

by · The Cerbat Gem

Hoya Corp. (OTCMKTS:HOCPY – Get Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $143.9550, but opened at $148.95. Hoya shares last traded at $146.00, with a volume of 19,879 shares trading hands.

Hoya Stock Performance

The company has a debt-to-equity ratio of 0.03, a current ratio of 4.91 and a quick ratio of 4.20. The stock has a market cap of $48.89 billion, a P/E ratio of 28.97, a PEG ratio of 3.03 and a beta of 0.96. The stock has a 50-day simple moving average of $154.67 and a 200-day simple moving average of $165.55.

Hoya (OTCMKTS:HOCPY – Get Free Report) last posted its earnings results on Friday, July 31st. The technology company reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.10. The firm had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.55 billion. Hoya had a net margin of 27.58% and a return on equity of 25.78%. Research analysts forecast that Hoya Corp. will post 5.26 earnings per share for the current year.

Hoya Company Profile

(Get Free Report)

Hoya Corporation is a Japan-based global technology and healthcare company that develops and manufactures optical products. Its businesses serve the vision-care, medical, semiconductor and information-technology markets, with operations and customers in regions around the world.

Through its Life Care segment, Hoya provides prescription eyeglass lenses, contact lenses and related products, as well as medical equipment such as endoscopes and intraocular lenses used in ophthalmic procedures.

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