Hoya (OTCMKTS:HOCPY) Shares Gap Down – Here’s Why

Hoya Corp. (OTCMKTS:HOCPYGet Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $157.00, but opened at $147.2590. Hoya shares last traded at $147.25, with a volume of 4,877 shares traded.

Hoya Trading Down 6.6%

The company has a debt-to-equity ratio of 0.03, a quick ratio of 4.27 and a current ratio of 4.96. The stock has a market capitalization of $49.09 billion, a PE ratio of 30.17, a PEG ratio of 3.68 and a beta of 0.98. The stock has a 50-day moving average price of $168.96 and a two-hundred day moving average price of $170.45.

Hoya Company Profile

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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.

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