Seiko Epson Corp. (OTCMKTS:SEKEY) Short Interest Down 39.0% in April
by Scott Moore · The Cerbat GemSeiko Epson Corp. (OTCMKTS:SEKEY – Get Free Report) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 15,965 shares, a decrease of 39.0% from the April 15th total of 26,157 shares. Based on an average daily trading volume, of 33,666 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the shares of the stock are short sold.
Seiko Epson Price Performance
Shares of OTCMKTS SEKEY traded up $0.15 during midday trading on Monday, hitting $7.97. 10,128 shares of the company’s stock were exchanged, compared to its average volume of 27,334. Seiko Epson has a 12-month low of $5.75 and a 12-month high of $7.98. The company has a current ratio of 2.13, a quick ratio of 1.22 and a debt-to-equity ratio of 0.19. The company has a market cap of $5.95 billion, a price-to-earnings ratio of 39.85 and a beta of 0.72. The business’s fifty day moving average price is $6.58 and its two-hundred day moving average price is $6.45.
Seiko Epson (OTCMKTS:SEKEY – Get Free Report) last issued its quarterly earnings data on Friday, May 1st. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.24). The business had revenue of $2.36 billion for the quarter, compared to analysts’ expectations of $2.17 billion. Seiko Epson had a return on equity of 2.31% and a net margin of 1.35%. As a group, research analysts forecast that Seiko Epson will post 0.59 EPS for the current fiscal year.
About Seiko Epson
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.