Hoya Corp. (OTCMKTS:HOCPY – Get Free Report) saw strong trading volume on Friday. Approximately 74,933 shares were traded during trading, an increase of 103% from the previous session’s volume of 36,895 shares. The stock last traded at $170.77 and had previously closed at $168.59.
Wall Street Analyst Weigh In
Separately, Zacks Research raised shares of Hoya from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 30th. One analyst has rated the stock with a Strong Buy rating. According to MarketBeat, the stock presently has an average rating of “Strong Buy”.
Read Our Latest Stock Analysis on HOCPY
Hoya Price Performance
The stock’s fifty day moving average price is $154.59 and its 200-day moving average price is $163.08. The firm has a market cap of $55.46 billion, a price-to-earnings ratio of 32.87, a P/E/G ratio of 3.50 and a beta of 0.97. The company has a current ratio of 4.91, a quick ratio of 4.20 and a debt-to-equity ratio of 0.03.
Hoya (OTCMKTS:HOCPY – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The technology company reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.13 by $0.10. Hoya had a net margin of 27.58% and a return on equity of 25.78%. The firm had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.55 billion. As a group, equities research analysts forecast that Hoya Corp. will post 5.26 earnings per share for the current fiscal year.
About Hoya
HOYA Corporation is a Japan-based technology and healthcare company that develops and manufactures optical products and precision components. Founded in 1941 as an optical glass manufacturer, the company has expanded into medical devices, vision care, and advanced technologies used in semiconductor production and other industrial applications.
Through its Life Care businesses, HOYA provides prescription eyeglass lenses, contact lenses, intraocular lenses used in cataract surgery, and medical equipment such as endoscopic systems.
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