Seiko Epson Co. (OTCMKTS:SEKEY) Sees Large Decline in Short Interest

Seiko Epson Co. (OTCMKTS:SEKEY) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totalling 2,000 shares, a decrease of 53.5% from the May 31st total of 4,300 shares. Based on an average trading volume of 71,800 shares, the short-interest ratio is currently 0.0 days.

Seiko Epson Trading Up 0.9 %

SEKEY traded up $0.07 during mid-day trading on Friday, hitting $7.73. 28,390 shares of the stock were exchanged, compared to its average volume of 34,373. The firm’s fifty day moving average is $7.96 and its two-hundred day moving average is $7.95. Seiko Epson has a 1-year low of $6.75 and a 1-year high of $9.09. The company has a current ratio of 2.51, a quick ratio of 1.54 and a debt-to-equity ratio of 0.22. The company has a market cap of $5.95 billion, a PE ratio of 13.80 and a beta of 0.95.

Seiko Epson (OTCMKTS:SEKEY) last posted its earnings results on Friday, April 26th. The company reported $0.10 earnings per share (EPS) for the quarter. Seiko Epson had a return on equity of 6.56% and a net margin of 4.03%. The firm had revenue of $1.68 billion for the quarter. Equities analysts forecast that Seiko Epson will post 0.51 earnings per share for the current fiscal year.

About Seiko Epson

Seiko Epson Corporation, together with its subsidiaries, develops, manufactures, sells, and provides services for products in the printing solutions, visual communications, manufacturing-related and wearables, and other businesses. It operates through three segments: Printing Solutions, Visual Communications, and Manufacturing-related and Wearables segments.