Short Interest in Seiko Epson Co. (OTCMKTS:SEKEY) Drops By 75.0%

Seiko Epson Co. (OTCMKTS:SEKEY) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 8,900 shares, a decline of 75.0% from the September 30th total of 35,600 shares. Based on an average trading volume of 27,300 shares, the short-interest ratio is presently 0.3 days.

Seiko Epson Stock Performance

Shares of OTCMKTS SEKEY traded up $0.09 during trading hours on Friday, reaching $9.11. The stock had a trading volume of 7,587 shares, compared to its average volume of 19,876. The firm has a market cap of $7.01 billion, a price-to-earnings ratio of 17.19 and a beta of 0.92. Seiko Epson has a fifty-two week low of $6.75 and a fifty-two week high of $9.69. The firm has a 50-day moving average of $9.20 and a 200-day moving average of $8.52. The company has a current ratio of 2.31, a quick ratio of 1.42 and a debt-to-equity ratio of 0.18.

Seiko Epson (OTCMKTS:SEKEY) last released its quarterly earnings results on Wednesday, July 31st. The company reported $0.19 earnings per share for the quarter. Seiko Epson had a net margin of 3.81% and a return on equity of 6.12%. The business had revenue of $2.16 billion during the quarter. Equities research analysts predict that Seiko Epson will post 0.51 earnings per share for the current year.

Seiko Epson Company Profile

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.