Short Interest in HOYA Co. (OTCMKTS:HOCPY) Drops By 8.7%

HOYA Co. (OTCMKTS:HOCPY) was the recipient of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 2,100 shares, a decrease of 8.7% from the March 31st total of 2,300 shares. Based on an average trading volume of 47,300 shares, the days-to-cover ratio is presently 0.0 days.

HOYA Stock Performance

OTCMKTS:HOCPY traded up $2.09 during mid-day trading on Monday, hitting $118.93. The stock had a trading volume of 25,576 shares, compared to its average volume of 29,616. The company’s 50 day simple moving average is $123.09 and its 200 day simple moving average is $117.76. The stock has a market cap of $41.74 billion, a price-to-earnings ratio of 35.29, a PEG ratio of 2.01 and a beta of 0.83. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.11 and a current ratio of 4.84. HOYA has a twelve month low of $95.04 and a twelve month high of $135.00.

HOYA (OTCMKTS:HOCPY) last posted its earnings results on Thursday, February 1st. The technology company reported $0.75 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.07). The business had revenue of $1.36 billion for the quarter. HOYA had a return on equity of 19.46% and a net margin of 21.50%. On average, equities research analysts forecast that HOYA will post 3.23 earnings per share for the current year.

HOYA Company Profile

HOYA Corporation, a med-tech company, provides high-tech and medical products worldwide. It operates through three segments: Life Care, Telecommunication, and Other. The company offers life care products, including eyeglass and contact lenses; medical endoscopes; intraocular lenses; laparoscopic surgical instruments; automatic endoscope cleaning equipment; and other medical related products, such as prosthetic ceramic fillers and metallic implants for orthopedics.