Seiko Epson Corp. (OTCMKTS:SEKEY – Get Free Report) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 7,718 shares, a drop of 66.2% from the June 15th total of 22,859 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 49,278 shares, the days-to-cover ratio is currently 0.2 days.
Seiko Epson Price Performance
Shares of Seiko Epson stock traded up $0.21 during trading hours on Tuesday, hitting $8.81. The company’s stock had a trading volume of 12,243 shares, compared to its average volume of 25,489. The company has a market cap of $6.58 billion, a PE ratio of 44.05 and a beta of 0.86. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.28 and a current ratio of 2.16. The business has a 50 day moving average price of $8.46 and a two-hundred day moving average price of $7.15. Seiko Epson has a 12-month low of $5.75 and a 12-month high of $9.61.
Seiko Epson (OTCMKTS:SEKEY – Get Free Report) last released its earnings results on Friday, May 1st. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.24). The business had revenue of $2.36 billion for the quarter, compared to analysts’ expectations of $2.17 billion. Seiko Epson had a return on equity of 2.32% and a net margin of 1.35%. Analysts expect that Seiko Epson will post 0.59 earnings per share for the current fiscal year.
About Seiko Epson
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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