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

HOYA Co. (OTCMKTS:HOCPY) was the target of a large 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 daily volume of 47,300 shares, the short-interest ratio is presently 0.0 days.

HOYA Stock Performance

Shares of HOCPY traded up $2.09 on Monday, reaching $118.93. 25,576 shares of the company’s stock traded hands, compared to its average volume of 29,616. The stock’s 50 day simple moving average is $123.09 and its two-hundred day simple moving average is $117.76. The stock has a market cap of $41.74 billion, a PE ratio of 35.29, a PEG ratio of 2.01 and a beta of 0.83. HOYA has a 52-week low of $95.04 and a 52-week high of $135.00. The company has a current ratio of 4.84, a quick ratio of 4.11 and a debt-to-equity ratio of 0.02.

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