HOYA (OTCMKTS:HOCPY) Shares Cross Below 200 Day Moving Average – Here’s Why

HOYA Co. (OTCMKTS:HOCPYGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $131.65 and traded as low as $127.38. HOYA shares last traded at $130.32, with a volume of 64,322 shares trading hands.

HOYA Stock Performance

The firm’s 50 day moving average is $129.15 and its 200-day moving average is $131.76. The stock has a market capitalization of $46.25 billion, a price-to-earnings ratio of 35.60, a PEG ratio of 2.43 and a beta of 0.82. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.43 and a current ratio of 5.14.

HOYA Company Profile

(Get Free Report)

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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