Hoya (OTCMKTS:HOCPY) Reaches New 12-Month High – Still a Buy?

Hoya Corp. (OTCMKTS:HOCPY)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $189.3850 and last traded at $189.3850, with a volume of 3766 shares traded. The stock had previously closed at $187.65.

Hoya Stock Performance

The stock has a market capitalization of $64.09 billion, a PE ratio of 38.73, a P/E/G ratio of 2.69 and a beta of 1.00. 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 business’s fifty day moving average price is $178.08 and its 200-day moving average price is $162.63.

Hoya (OTCMKTS:HOCPY) last announced its earnings results on Friday, January 30th. The technology company reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.68. The business had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.53 billion. Hoya had a net margin of 27.22% and a return on equity of 24.88%. As a group, equities research analysts expect that Hoya Corp. will post 3.66 EPS 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.