Seiko Epson Corp. (OTCMKTS:SEKEY) Short Interest Update

Seiko Epson Corp. (OTCMKTS:SEKEY) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totaling 7,718 shares, a decline of 66.2% from the June 15th total of 22,859 shares. Based on an average trading volume of 49,278 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Seiko Epson Stock Performance

OTCMKTS SEKEY opened at $8.88 on Monday. The company has a quick ratio of 1.28, a current ratio of 2.16 and a debt-to-equity ratio of 0.20. Seiko Epson has a twelve month low of $5.75 and a twelve month high of $9.61. The business has a 50-day moving average price of $8.41 and a 200-day moving average price of $7.14. The firm has a market cap of $6.63 billion, a price-to-earnings ratio of 44.40 and a beta of 0.86.

Seiko Epson (OTCMKTS:SEKEY) last issued 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). Seiko Epson had a net margin of 1.35% and a return on equity of 2.32%. The business had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.17 billion. As a group, equities research analysts predict that Seiko Epson will post 0.59 EPS for the current fiscal year.

Seiko Epson Company Profile

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.