Seiko Epson (OTCMKTS:SEKEY) Hits New 12-Month High – Time to Buy?

Seiko Epson Corp. (OTCMKTS:SEKEYGet Free Report)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $7.8870 and last traded at $7.85, with a volume of 59148 shares trading hands. The stock had previously closed at $7.75.

Seiko Epson Stock Up 0.3%

The company has a current ratio of 2.13, a quick ratio of 1.22 and a debt-to-equity ratio of 0.19. The stock’s 50-day moving average is $6.55 and its 200-day moving average is $6.44. The company has a market cap of $5.88 billion, a price-to-earnings ratio of 39.35 and a beta of 0.72.

Seiko Epson (OTCMKTS:SEKEYGet Free Report) last released its earnings results on Friday, May 1st. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.24). Seiko Epson had a net margin of 1.35% and a return on equity of 2.31%. The company had revenue of $2.36 billion for the quarter, compared to analyst estimates of $2.17 billion. On average, analysts anticipate that Seiko Epson Corp. will post 0.59 earnings per share for the current fiscal year.

Seiko Epson Company Profile

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Seiko Epson Corporation is a Japanese electronics company known for its broad portfolio of imaging and printing solutions, as well as precision devices and microelectronics. The company’s core offerings include inkjet, laser and dye-sublimation printers for home, office and industrial use, desktop scanners, and 3LCD projectors. Epson also manufactures compact, energy-efficient robotics and automation systems, as well as semiconductors and sensors that support applications in automotive, healthcare and other sectors.

Established in 1942 as Suwa Seikosha Co, Ltd., the business first adopted the “Epson” name in 1968 with the release of the EP-101 electronic printer—so named as the “son of the electronic printer.” In 1982, the company formally became Seiko Epson Corporation, reflecting its integration within the broader Seiko Group.

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