HOYA (OTCMKTS:HOCPY) Stock Crosses Below 200 Day Moving Average – Time to Sell?

HOYA Co. (OTCMKTS:HOCPY)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $130.58 and traded as low as $116.24. HOYA shares last traded at $117.74, with a volume of 66,440 shares traded.

HOYA Stock Up 0.0 %

The company has a debt-to-equity ratio of 0.02, a current ratio of 5.04 and a quick ratio of 4.35. The stock has a market capitalization of $40.55 billion, a P/E ratio of 29.83, a price-to-earnings-growth ratio of 2.38 and a beta of 0.83. The stock has a fifty day moving average price of $125.19 and a 200 day moving average price of $130.49.

HOYA (OTCMKTS:HOCPY) last announced its quarterly earnings results on Thursday, February 6th. The technology company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.94. HOYA had a return on equity of 21.34% and a net margin of 24.17%. On average, research analysts forecast that HOYA Co. will post 3.66 earnings per share for the current year.

About HOYA

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.