Hoya (OTCMKTS:HOCPY) Reaches New 1-Year High – Here’s Why

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

Hoya Trading Up 5.3%

The company has a 50 day simple moving average of $164.20 and a two-hundred day simple moving average of $152.15. 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 firm has a market cap of $63.47 billion, a PE ratio of 38.35, a P/E/G ratio of 3.67 and a beta of 1.00.

Hoya (OTCMKTS:HOCPY) last announced its quarterly earnings data on Friday, January 30th. The technology company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.08 by $0.68. The business had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.53 billion. Hoya had a net margin of 27.22% and a return on equity of 24.88%. 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.