Seiko Epson (OTCMKTS:SEKEY) Reaches New 12-Month High – Here’s What Happened

Seiko Epson Corp. (OTCMKTS:SEKEY) shares hit a new 52-week high on Wednesday . The stock traded as high as $89.16 and last traded at $89.16, with a volume of 6308851 shares. The stock had previously closed at $6.49.

Seiko Epson Price Performance

The company has a 50 day simple moving average of $6.22 and a 200 day simple moving average of $6.36. The company has a market capitalization of $4.80 billion, a price-to-earnings ratio of 12.37 and a beta of 0.65. The company has a quick ratio of 1.17, a current ratio of 2.14 and a debt-to-equity ratio of 0.20.

Seiko Epson (OTCMKTS:SEKEY) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.01. Seiko Epson had a return on equity of 6.21% and a net margin of 3.71%.The business had revenue of $2.26 billion for the quarter, compared to analyst estimates of $2.27 billion. As a group, research analysts predict that Seiko Epson Corp. will post 0.48 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.