HOYA (OTCMKTS:HOCPY) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

HOYA Co. (OTCMKTS:HOCPY) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $130.58 and traded as low as $116.24. HOYA shares last traded at $117.74, with a volume of 66,440 shares changing hands.

HOYA Price Performance

The company’s 50 day moving average price is $125.42 and its 200 day moving average price is $130.58. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.35 and a current ratio of 5.04. The company has a market cap of $40.72 billion, a price-to-earnings ratio of 29.96, a P/E/G ratio of 2.38 and a beta of 0.83.

HOYA (OTCMKTS:HOCPY) last posted its earnings results on Thursday, February 6th. The technology company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.94. HOYA had a net margin of 24.17% and a return on equity of 21.34%. On average, equities research analysts predict that HOYA Co. will post 3.66 earnings per share 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.