Seiko Epson (OTCMKTS:SEKEY) Sets New 52-Week High – Time to Buy?

by · The Cerbat Gem

Seiko Epson Corp. (OTCMKTS:SEKEY – Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as $9.11 and last traded at $9.0380, with a volume of 2713 shares changing hands. The stock had previously closed at $7.65.

Seiko Epson Price Performance

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 firm’s fifty day moving average price is $6.78 and its two-hundred day moving average price is $6.51. The stock has a market capitalization of $6.84 billion, a PE ratio of 45.78 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). Seiko Epson had a net margin of 1.35% and a return on equity of 2.31%. The company had revenue of $2.36 billion for the quarter, compared to analysts’ expectations of $2.17 billion. On average, equities analysts predict that Seiko Epson Corp. will post 0.59 earnings per share for the current year.

About Seiko Epson

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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.

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