Hoya (OTCMKTS:HOCPY) Sets New 12-Month High – Still a Buy?

Hoya Corp. (OTCMKTS:HOCPY) hit a new 52-week high on Tuesday . The stock traded as high as $187.00 and last traded at $187.00, with a volume of 5607 shares traded. The stock had previously closed at $179.20.

Hoya Trading Down 0.7%

The company has a debt-to-equity ratio of 0.03, a current ratio of 4.96 and a quick ratio of 4.27. The firm’s fifty day moving average price is $165.59 and its 200-day moving average price is $152.79. The company has a market cap of $63.48 billion, a price-to-earnings ratio of 38.36, a P/E/G ratio of 3.87 and a beta of 1.00.

Hoya (OTCMKTS:HOCPY) last issued its quarterly earnings data on Friday, January 30th. The technology company reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.68. Hoya had a net margin of 27.22% and a return on equity of 24.88%. The firm had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.53 billion. On average, equities analysts expect that Hoya Corp. will post 3.66 EPS for the current fiscal year.

About Hoya

Hoya Corporation (OTCMKTS: HOCPY) is a Tokyo-based global manufacturer and supplier of optical products and related technologies. The company designs, produces and sells a broad range of optical materials and finished optics for consumer, industrial and healthcare markets, serving customers across Asia, Europe, the Americas and other regions worldwide.

Hoya’s product portfolio includes ophthalmic lenses and related vision-care products for eyeglasses, optical glass and lens blanks, and precision optical components used by original equipment manufacturers.