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

Seiko Epson Co. (OTCMKTS:SEKEY) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totalling 62,400 shares, a growth of 93.2% from the December 31st total of 32,300 shares. Based on an average daily volume of 36,700 shares, the short-interest ratio is currently 1.7 days.

Seiko Epson Trading Up 1.0 %

Shares of SEKEY stock traded up $0.09 during mid-day trading on Wednesday, reaching $8.80. The company’s stock had a trading volume of 13,548 shares, compared to its average volume of 34,353. The firm has a market capitalization of $6.78 billion, a PE ratio of 17.96 and a beta of 0.89. The company has a quick ratio of 1.28, a current ratio of 2.12 and a debt-to-equity ratio of 0.14. Seiko Epson has a 12-month low of $7.02 and a 12-month high of $9.69. The company’s 50 day simple moving average is $8.86 and its 200-day simple moving average is $8.91.

Seiko Epson (OTCMKTS:SEKEY) last released its earnings results on Friday, November 1st. The company reported $0.04 EPS for the quarter. Seiko Epson had a net margin of 3.54% and a return on equity of 5.62%. The business had revenue of $2.27 billion for the quarter. On average, research analysts predict that Seiko Epson will post 0.49 EPS 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.