Seiko Epson (OTCMKTS:SEKEY) Shares Gap Down – Here’s Why
by Scott Moore · The Cerbat GemSeiko Epson Corp. (OTCMKTS:SEKEY – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $6.71, but opened at $6.4780. Seiko Epson shares last traded at $6.4780, with a volume of 380 shares changing hands.
Seiko Epson Price Performance
The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.22 and a current ratio of 2.13. The stock’s 50-day moving average is $6.45 and its 200 day moving average is $6.36. The stock has a market capitalization of $4.84 billion, a PE ratio of 14.39 and a beta of 0.71.
Seiko Epson (OTCMKTS:SEKEY – Get Free Report) last posted its earnings results on Tuesday, February 3rd. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. The firm had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.31 billion. Seiko Epson had a net margin of 3.11% and a return on equity of 5.27%. As a group, equities analysts expect that Seiko Epson Corp. will post 0.48 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.