Hoya (OTCMKTS:HOCPY) Share Price Passes Below 50-Day Moving Average – What’s Next?

Shares of Hoya Corp. (OTCMKTS:HOCPYGet Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $177.04 and traded as low as $163.61. Hoya shares last traded at $164.69, with a volume of 44,726 shares.

Hoya Price 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 cap of $55.73 billion, a PE ratio of 33.89, a price-to-earnings-growth ratio of 2.40 and a beta of 1.01. The stock has a 50 day simple moving average of $177.04 and a 200-day simple moving average of $168.04.

About Hoya

(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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