Hoya (OTCMKTS:HOCPY) Shares Gap Down – Should You Sell?

Hoya Corp. (OTCMKTS:HOCPY) gapped down prior to trading on Tuesday . The stock had previously closed at $177.38, but opened at $167.95. Hoya shares last traded at $168.2350, with a volume of 2,761 shares.

Hoya Trading Up 0.7%

The stock’s fifty day moving average price is $177.67 and its 200 day moving average price is $167.96. The company has a debt-to-equity ratio of 0.03, a current ratio of 4.96 and a quick ratio of 4.27. The stock has a market capitalization of $57.67 billion, a P/E ratio of 35.06, a PEG ratio of 2.47 and a beta of 1.01.

Hoya Company Profile

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.