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

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

Seiko Epson Price Performance

OTCMKTS SEKEY opened at $8.88 on Monday. The business’s fifty day moving average is $8.41 and its 200 day moving average is $7.14. Seiko Epson has a fifty-two week low of $5.75 and a fifty-two week high of $9.61. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.28 and a current ratio of 2.16. The company has a market capitalization of $6.63 billion, a PE ratio of 44.40 and a beta of 0.86.

Seiko Epson (OTCMKTS:SEKEY) last issued its quarterly earnings results on Friday, May 1st. The company reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.24). Seiko Epson had a return on equity of 2.32% and a net margin of 1.35%.The company had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.17 billion. Sell-side analysts predict that Seiko Epson will post 0.59 earnings per share for the current 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.