HOYA Co. (OTCMKTS:HOCPY) Sees Large Drop in Short Interest

HOYA Co. (OTCMKTS:HOCPY - Get Free Report) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 3,000 shares, a decline of 26.8% from the March 31st total of 4,100 shares. Based on an average daily volume of 154,900 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company's stock are short sold.

HOYA Stock Up 0.6 %

OTCMKTS:HOCPY traded up $0.70 during trading hours on Tuesday, hitting $126.86. 27,628 shares of the company's stock traded hands, compared to its average volume of 39,154. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.35 and a current ratio of 5.04. HOYA has a twelve month low of $97.49 and a twelve month high of $148.27. The stock's fifty day moving average price is $113.68 and its two-hundred day moving average price is $124.23. The firm has a market cap of $43.88 billion, a P/E ratio of 32.28, a P/E/G ratio of 2.38 and a beta of 0.93.

HOYA (OTCMKTS:HOCPY - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The technology company reported $0.98 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.01). HOYA had a net margin of 24.17% and a return on equity of 21.34%. The company had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. On average, research analysts expect 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.