Hoya (OTCMKTS:HOCPY) Reaches New 1-Year High – Still a Buy?

Hoya Corp. (OTCMKTS:HOCPY)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $168.51 and last traded at $167.9750, with a volume of 6384 shares trading hands. The stock had previously closed at $166.48.

Hoya Trading Up 0.9%

The business’s 50 day simple moving average is $155.60 and its two-hundred day simple moving average is $146.07. The stock has a market cap of $56.82 billion, a P/E ratio of 41.15, a PEG ratio of 3.41 and a beta of 1.01. The company has a quick ratio of 4.32, a current ratio of 4.97 and a debt-to-equity ratio of 0.03.

Hoya (OTCMKTS:HOCPY) last released its quarterly earnings data on Friday, January 30th. The technology company reported $1.76 earnings per share for the quarter. The company had revenue of $1.59 billion for the quarter. Hoya had a return on equity of 21.01% and a net margin of 23.33%. As a group, analysts expect that Hoya Corp. will post 3.66 EPS for the current year.

About Hoya

Hoya Corporation (OTCMKTS: HOCPY) is a Tokyo-based global manufacturer and supplier of optical products and related technologies. The company designs, produces and sells a broad range of optical materials and finished optics for consumer, industrial and healthcare markets, serving customers across Asia, Europe, the Americas and other regions worldwide.

Hoya’s product portfolio includes ophthalmic lenses and related vision-care products for eyeglasses, optical glass and lens blanks, and precision optical components used by original equipment manufacturers.