Hoya Corp. (OTCMKTS:HOCPY) Short Interest Update

Hoya Corp. (OTCMKTS:HOCPY) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 5,317 shares, a decrease of 40.9% from the July 15th total of 9,004 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 85,333 shares, the days-to-cover ratio is presently 0.1 days.

Hoya Stock Down 1.6%

OTCMKTS HOCPY traded down $2.72 during mid-day trading on Tuesday, reaching $162.97. 15,132 shares of the company’s stock traded hands, compared to its average volume of 35,952. The company has a fifty day simple moving average of $160.03 and a 200-day simple moving average of $170.60. Hoya has a 1-year low of $128.51 and a 1-year high of $190.18. The company has a market cap of $54.57 billion, a price-to-earnings ratio of 32.34, a P/E/G ratio of 3.59 and a beta of 0.98. The company has a current ratio of 4.81, a quick ratio of 4.15 and a debt-to-equity ratio of 0.03.

Hoya (OTCMKTS:HOCPY) last posted its quarterly earnings results on Friday, July 31st. The technology company reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.10. The firm had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.55 billion. Hoya had a net margin of 27.58% and a return on equity of 25.15%. As a group, equities research analysts expect that Hoya will post 5.08 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.