Seiko Epson (OTCMKTS:SEKEY) Sees Large Volume Increase – Here’s Why
by Scott Moore · The Cerbat GemSeiko Epson Corp. (OTCMKTS:SEKEY – Get Free Report) shares saw strong trading volume on Tuesday . 50,252 shares were traded during trading, an increase of 80% from the previous session’s volume of 27,890 shares.The stock last traded at $7.8650 and had previously closed at $7.75.
Seiko Epson Stock Up 1.1%
The stock has a fifty day moving average of $6.47 and a two-hundred day moving average of $6.41. The company has a quick ratio of 1.22, a current ratio of 2.13 and a debt-to-equity ratio of 0.19. The stock has a market cap of $5.85 billion, a price-to-earnings ratio of 39.18 and a beta of 0.72.
Seiko Epson (OTCMKTS:SEKEY – Get Free Report) last released its quarterly earnings data on Friday, May 1st. The company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.24). The firm had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.17 billion. Seiko Epson had a net margin of 1.35% and a return on equity of 2.31%. As a group, analysts predict that Seiko Epson Corp. 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.