HOYA Co. (OTCMKTS:HOCPY - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $123.00 and traded as low as $119.06. HOYA shares last traded at $121.07, with a volume of 23,919 shares trading hands.
Wall Street Analyst Weigh In
Separately, Erste Group Bank raised HOYA from a "hold" rating to a "strong-buy" rating in a report on Friday, May 23rd.
Check Out Our Latest Stock Analysis on HOYA
HOYA Trading Down 3.4%
The stock's 50 day moving average is $115.93 and its 200-day moving average is $122.82. The company has a market cap of $40.14 billion, a P/E ratio of 29.77, a PEG ratio of 2.38 and a beta of 0.93. 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 (OTCMKTS:HOCPY - Get Free Report) last issued its earnings results on Thursday, May 1st. The technology company reported $0.98 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.01). HOYA had a return on equity of 21.34% and a net margin of 24.17%. The firm had revenue of $1.52 billion during the quarter, compared to analysts' expectations of $1.50 billion. Research analysts anticipate that HOYA Co. will post 3.66 earnings per share for the current fiscal year.
HOYA Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider HOYA, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HOYA wasn't on the list.
While HOYA currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.