Seiko Epson Co. (OTCMKTS:SEKEY) Short Interest Up 64.3% in July

Seiko Epson Co. (OTCMKTS:SEKEY) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totalling 25,300 shares, an increase of 64.3% from the July 15th total of 15,400 shares. Based on an average daily volume of 52,200 shares, the days-to-cover ratio is currently 0.5 days.

Seiko Epson Price Performance

Shares of Seiko Epson stock opened at $8.86 on Friday. Seiko Epson has a 1-year low of $6.75 and a 1-year high of $9.09. The firm has a fifty day simple moving average of $8.11 and a 200-day simple moving average of $8.16. 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 stock has a market capitalization of $6.82 billion, a price-to-earnings ratio of 15.82 and a beta of 0.94.

Seiko Epson (OTCMKTS:SEKEY) last released its earnings results on Wednesday, July 31st. The company reported $0.19 earnings per share for the quarter. The firm had revenue of $2.16 billion during the quarter. Seiko Epson had a net margin of 3.81% and a return on equity of 6.10%. On average, sell-side analysts expect that Seiko Epson will post 0.49 earnings per share for the current year.

Seiko Epson Company Profile

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.