Hoya (OTCMKTS:HOCPY) Sees Unusually-High Trading Volume – Here’s Why

Hoya Corp. (OTCMKTS:HOCPY) saw an uptick in trading volume on Monday . 38,123 shares were traded during mid-day trading, an increase of 15% from the previous session’s volume of 33,188 shares.The stock last traded at $187.27 and had previously closed at $187.30.

Hoya Stock Performance

The company has a current ratio of 4.96, a quick ratio of 4.27 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $63.37 billion, a PE ratio of 38.29, a PEG ratio of 2.67 and a beta of 1.00. The stock’s 50 day moving average price is $178.80 and its two-hundred day moving average price is $163.65.

Hoya (OTCMKTS:HOCPY) last released its quarterly earnings results on Friday, January 30th. The technology company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.68. The company had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.53 billion. Hoya had a return on equity of 24.88% and a net margin of 27.22%. On average, equities analysts expect that Hoya Corp. will post 3.66 earnings per share 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.