Hoya (OTCMKTS:HOCPY) Issues Earnings Results, Beats Expectations By $0.09 EPS

by · The Cerbat Gem

Hoya (OTCMKTS:HOCPYGet Free Report) announced its quarterly earnings data on Friday. The technology company reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.14 by $0.09, Zacks reports. Hoya had a net margin of 27.08% and a return on equity of 24.43%.

Hoya Trading Up 0.6%

Shares of HOCPY traded up $0.88 during mid-day trading on Friday, reaching $153.42. 94,819 shares of the company’s stock traded hands, compared to its average volume of 36,235. The company has a debt-to-equity ratio of 0.03, a current ratio of 4.81 and a quick ratio of 4.15. The stock’s 50-day moving average is $160.83 and its two-hundred day moving average is $170.32. Hoya has a 12 month low of $114.87 and a 12 month high of $190.18. The stock has a market cap of $51.37 billion, a P/E ratio of 31.57, a P/E/G ratio of 3.35 and a beta of 0.98.

Hoya Company Profile

(Get Free Report)

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.

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