Short Interest in Hoya Corp. (OTCMKTS:HOCPY) Decreases By 33.5%

Hoya Corp. (OTCMKTS:HOCPYGet Free Report) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 3,535 shares, a decline of 33.5% from the July 30th total of 5,317 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 52,450 shares, the days-to-cover ratio is currently 0.1 days.

Hoya Trading Up 0.5%

Shares of Hoya stock traded up $0.69 on Tuesday, reaching $154.12. 9,964 shares of the company’s stock were exchanged, compared to its average volume of 35,369. The company has a market capitalization of $51.61 billion, a P/E ratio of 30.58, a price-to-earnings-growth ratio of 3.25 and a beta of 0.98. Hoya has a 52 week low of $129.29 and a 52 week high of $190.18. The company has a debt-to-equity ratio of 0.03, a quick ratio of 4.15 and a current ratio of 4.81. The firm’s 50-day moving average is $157.77 and its two-hundred day moving average is $169.45.

Hoya (OTCMKTS:HOCPYGet Free Report) last released its quarterly earnings data on Friday, July 31st. The technology company reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.13 by $0.10. The company had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.55 billion. Hoya had a net margin of 27.58% and a return on equity of 25.15%. Sell-side analysts predict that Hoya will post 5.11 EPS for the current fiscal year.

Hoya Company Profile

(Get Free Report)

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.

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