HOYA (OTCMKTS:HOCPY) Stock Crosses Below 50 Day Moving Average – Should You Sell?

Shares of HOYA Co. (OTCMKTS:HOCPY) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $131.43 and traded as low as $125.14. HOYA shares last traded at $126.27, with a volume of 25,814 shares.

HOYA Stock Performance

The firm has a market cap of $43.98 billion, a price-to-earnings ratio of 33.85, a price-to-earnings-growth ratio of 2.57 and a beta of 0.82. The company has a current ratio of 5.14, a quick ratio of 4.43 and a debt-to-equity ratio of 0.02. The stock’s 50 day moving average is $131.43 and its 200 day moving average is $130.80.

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.