HOYA Co. (OTCMKTS:HOCPY) Sees Large Drop in Short Interest

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

HOYA Trading Up 2.0 %

Shares of HOYA stock opened at $133.82 on Thursday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.43 and a current ratio of 5.14. HOYA has a 52 week low of $95.84 and a 52 week high of $148.27. The stock has a 50 day moving average price of $137.43 and a two-hundred day moving average price of $126.95. The stock has a market capitalization of $46.96 billion, a PE ratio of 37.48, a price-to-earnings-growth ratio of 2.45 and a beta of 0.84.

HOYA (OTCMKTS:HOCPY) last announced its quarterly earnings data on Thursday, August 1st. The technology company reported $0.86 EPS for the quarter. The firm had revenue of $1.37 billion during the quarter. HOYA had a return on equity of 20.72% and a net margin of 23.32%. As a group, equities analysts anticipate that HOYA will post 3.83 earnings per share 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.