HOYA Co. (OTCMKTS:HOCPY) Sees Large Growth in Short Interest

HOYA Co. (OTCMKTS:HOCPY) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 13,800 shares, a growth of 53.3% from the June 30th total of 9,000 shares. Based on an average daily volume of 42,200 shares, the days-to-cover ratio is currently 0.3 days.

HOYA Stock Up 2.3 %

Shares of HOCPY stock traded up $2.67 during mid-day trading on Friday, hitting $120.92. The company’s stock had a trading volume of 32,816 shares, compared to its average volume of 20,857. HOYA has a 52-week low of $95.04 and a 52-week high of $135.00. The business has a 50-day moving average price of $120.69 and a 200 day moving average price of $121.97. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.11 and a current ratio of 4.84. The stock has a market cap of $42.44 billion, a price-to-earnings ratio of 33.87, a PEG ratio of 3.00 and a beta of 0.82.

HOYA (OTCMKTS:HOCPY) last posted its quarterly earnings data on Wednesday, May 15th. The technology company reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.27. The company had revenue of $1.39 billion during the quarter. HOYA had a return on equity of 20.47% and a net margin of 22.83%. Research analysts predict that HOYA will post 3.45 EPS for the current fiscal year.

HOYA Company Profile

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.