Seiko Epson (OTCMKTS:SEKEY) Share Price Passes Below Fifty Day Moving Average – What’s Next?

Shares of Seiko Epson Co. (OTCMKTS:SEKEY) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $7.21 and traded as low as $6.59. Seiko Epson shares last traded at $6.61, with a volume of 58,878 shares traded.

Seiko Epson Price Performance

The company has a market cap of $4.94 billion, a price-to-earnings ratio of 11.60 and a beta of 0.85. The company has a current ratio of 2.01, a quick ratio of 1.17 and a debt-to-equity ratio of 0.18. The company has a fifty day moving average price of $7.21 and a two-hundred day moving average price of $8.17.

Seiko Epson (OTCMKTS:SEKEY) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.02. The firm had revenue of $2.38 billion for the quarter, compared to the consensus estimate of $336.49 billion. Seiko Epson had a net margin of 4.24% and a return on equity of 6.63%. As a group, equities research analysts anticipate that Seiko Epson Co. will post 0.48 EPS for the current fiscal year.

About Seiko Epson

Seiko Epson Corporation, together with its subsidiaries, develops, manufactures, sells, and provides services for products in the printing solutions, visual communications, manufacturing-related and wearables, and other businesses. It operates through three segments: Printing Solutions, Visual Communications, and Manufacturing-related and Wearables segments.