Hoya (OTCMKTS:HOCPY) Shares Gap Down – What’s Next?

Hoya Corp. (OTCMKTS:HOCPY)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $168.72, but opened at $161.31. Hoya shares last traded at $169.5550, with a volume of 1,323 shares.

Hoya Trading Up 0.3%

The stock has a market capitalization of $57.27 billion, a P/E ratio of 34.61, a price-to-earnings-growth ratio of 2.50 and a beta of 1.00. The business has a 50 day simple moving average of $174.61 and a 200-day simple moving average of $159.74. The company has a debt-to-equity ratio of 0.03, a quick ratio of 4.27 and a current ratio of 4.96.

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