Seiko Epson Corp. (OTCMKTS:SEKEY – Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 40,709 shares traded hands during trading, an increase of 54% from the previous session’s volume of 26,414 shares.The stock last traded at $8.73 and had previously closed at $9.0320.
Seiko Epson Stock Up 0.5%
The firm has a fifty day simple moving average of $7.70 and a 200-day simple moving average of $6.84. The firm has a market cap of $6.54 billion, a price-to-earnings ratio of 43.80 and a beta of 0.84. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.28 and a current ratio of 2.16.
Seiko Epson (OTCMKTS:SEKEY – Get Free Report) last announced its quarterly earnings results on Friday, May 1st. The company reported ($0.17) earnings per share (EPS) 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 2.32%. The business had revenue of $2.36 billion for the quarter, compared to analyst estimates of $2.17 billion. As a group, sell-side analysts expect that Seiko Epson Corp. will post 0.59 EPS 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.
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