Hoya Corp. (OTCMKTS:HOCPY) Short Interest Down 40.9% in July

Hoya Corp. (OTCMKTS:HOCPY) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 5,317 shares, a decline of 40.9% from the July 15th total of 9,004 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 85,333 shares, the short-interest ratio is presently 0.1 days.

Hoya Stock Down 1.7%

Hoya stock opened at $162.94 on Wednesday. The company has a market capitalization of $54.56 billion, a P/E ratio of 32.33, a P/E/G ratio of 3.59 and a beta of 0.98. The firm’s fifty day simple moving average is $160.12 and its 200-day simple moving average is $170.59. The company has a current ratio of 4.81, a quick ratio of 4.15 and a debt-to-equity ratio of 0.03. Hoya has a 1-year low of $128.51 and a 1-year high of $190.18.

Hoya (OTCMKTS:HOCPY) last issued its quarterly earnings data on Friday, July 31st. The technology company reported $1.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.13 by $0.10. The firm had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.55 billion. Hoya had a net margin of 27.58% and a return on equity of 25.15%. Sell-side analysts forecast that Hoya will post 5.08 earnings per share for the current fiscal year.

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.