Seiko Epson Co. (OTCMKTS:SEKEY) Sees Significant Decline in Short Interest

Seiko Epson Co. (OTCMKTS:SEKEY - Get Free Report) was the target of a significant decline in short interest in 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 daily trading volume, of 27,300 shares, the short-interest ratio is currently 0.3 days.

Seiko Epson Trading Down 0.7 %

Shares of Seiko Epson stock traded down $0.06 on Friday, hitting $9.05. 34,879 shares of the company's stock traded hands, compared to its average volume of 19,963. The company has a fifty day moving average of $9.20 and a two-hundred day moving average of $8.52. Seiko Epson has a one year low of $6.75 and a one year high of $9.69. The company has a market capitalization of $6.97 billion, a price-to-earnings ratio of 17.08 and a beta of 0.92. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.31 and a quick ratio of 1.42.

Seiko Epson (OTCMKTS:SEKEY - Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.19 earnings per share (EPS) for the quarter. The firm had revenue of $2.16 billion for the quarter. Seiko Epson had a return on equity of 6.12% and a net margin of 3.81%. As a group, sell-side analysts expect that Seiko Epson will post 0.51 earnings per share for the current 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.