Short Interest in HOYA Co. (OTCMKTS:HOCPY) Drops By 7.1%

HOYA Co. (OTCMKTS:HOCPY) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 7,900 shares, a decline of 7.1% from the September 30th total of 8,500 shares. Based on an average daily trading volume, of 22,800 shares, the short-interest ratio is presently 0.3 days.

HOYA Trading Up 2.0 %

HOCPY traded up $2.58 during trading hours on Thursday, reaching $133.82. 6,485 shares of the company’s stock traded hands, compared to its average volume of 23,126. The company has a quick ratio of 4.43, a current ratio of 5.14 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $46.96 billion, a PE ratio of 37.48, a PEG ratio of 2.45 and a beta of 0.84. The firm has a 50-day moving average price of $137.43 and a 200 day moving average price of $126.95. HOYA has a 52-week low of $95.84 and a 52-week high of $148.27.

HOYA (OTCMKTS:HOCPY) last released its quarterly earnings results on Thursday, August 1st. The technology company reported $0.86 EPS for the quarter. The company had revenue of $1.37 billion for the quarter. HOYA had a net margin of 23.32% and a return on equity of 20.72%. As a group, sell-side analysts predict that HOYA will post 3.83 EPS for the current fiscal year.

About HOYA

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.