Seiko Epson (OTCMKTS:SEKEY) Share Price Passes Below 50 Day Moving Average – What’s Next?

by · The Cerbat Gem

Seiko Epson Co. (OTCMKTS:SEKEY – Get Free Report) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $7.87 and traded as low as $6.40. Seiko Epson shares last traded at $6.40, with a volume of 72,052 shares.

Seiko Epson Price Performance

The firm has a market capitalization of $5.03 billion, a price-to-earnings ratio of 11.81 and a beta of 0.80. The company has a quick ratio of 1.17, a current ratio of 2.01 and a debt-to-equity ratio of 0.18. The company’s fifty day moving average is $7.84 and its two-hundred day moving average is $8.54.

Seiko Epson (OTCMKTS:SEKEY – Get Free Report) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.24 earnings per share for the quarter. Seiko Epson had a return on equity of 6.63% and a net margin of 4.24%. Equities research analysts anticipate that Seiko Epson Co. will post 0.48 earnings per share for the current fiscal year.

Seiko Epson Company Profile

(Get Free Report)

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.

Read More