Short Interest in Seiko Epson Co. (OTCMKTS:SEKEY) Expands By 105.7%

Seiko Epson Co. (OTCMKTS:SEKEY) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 32,300 shares, an increase of 105.7% from the November 30th total of 15,700 shares. Based on an average trading volume of 46,100 shares, the days-to-cover ratio is currently 0.7 days.

Seiko Epson Trading Up 0.5 %

Shares of Seiko Epson stock traded up $0.05 during trading on Friday, hitting $9.14. The stock had a trading volume of 7,843 shares, compared to its average volume of 19,727. Seiko Epson has a 12 month low of $7.02 and a 12 month high of $9.69. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.12 and a quick ratio of 1.28. The firm’s fifty day simple moving average is $9.00 and its 200-day simple moving average is $8.76. The stock has a market cap of $7.03 billion, a PE ratio of 18.64 and a beta of 0.90.

Seiko Epson (OTCMKTS:SEKEY) last announced its quarterly earnings data on Friday, November 1st. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $2.27 billion during the quarter. Seiko Epson had a net margin of 3.54% and a return on equity of 5.62%. As a group, sell-side analysts expect that Seiko Epson will post 0.47 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.