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HOYA (OTCMKTS:HOCPY) Shares Pass Below 50 Day Moving Average - What's Next?

HOYA logo with Computer and Technology background

HOYA Co. (OTCMKTS:HOCPY - Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $131.43 and traded as low as $125.14. HOYA shares last traded at $126.27, with a volume of 25,814 shares traded.

HOYA Stock Performance

The stock's 50 day simple moving average is $131.43 and its two-hundred day simple moving average is $130.80. The company has a market capitalization of $43.98 billion, a P/E ratio of 33.85, a P/E/G ratio of 2.57 and a beta of 0.82. The company has a debt-to-equity ratio of 0.02, a current ratio of 5.14 and a quick ratio of 4.43.

About HOYA

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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.

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