Short Interest in HOYA Co. (OTCMKTS:HOCPY) Drops By 7.1%

HOYA Co. (OTCMKTS:HOCPY - Get Free Report) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 7,900 shares, a decrease of 7.1% from the September 30th total of 8,500 shares. Based on an average trading volume of 22,800 shares, the short-interest ratio is presently 0.3 days.

HOYA Stock Performance

HOCPY traded up $2.58 on Thursday, hitting $133.82. 6,485 shares of the company traded hands, compared to its average volume of 23,126. The stock has a market capitalization of $46.96 billion, a PE ratio of 37.48, a PEG ratio of 2.45 and a beta of 0.84. HOYA has a 12-month low of $95.84 and a 12-month high of $148.27. The company has a 50 day moving average of $137.43 and a 200-day moving average of $126.95. The company has a quick ratio of 4.43, a current ratio of 5.14 and a debt-to-equity ratio of 0.02.

HOYA (OTCMKTS:HOCPY - Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The technology company reported $0.86 EPS for the quarter. HOYA had a return on equity of 20.72% and a net margin of 23.32%. The company had revenue of $1.37 billion for the quarter. Sell-side analysts anticipate that HOYA will post 3.83 earnings per share for the current year.

About HOYA

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.