Seiko Epson Co. (OTCMKTS:SEKEY) Sees Large Growth in Short Interest

Seiko Epson Co. (OTCMKTS:SEKEY - Get Free Report) was the recipient of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 30,800 shares, a growth of 38.1% from the January 15th total of 22,300 shares. Based on an average daily trading volume, of 57,900 shares, the days-to-cover ratio is currently 0.5 days.

Seiko Epson Stock Up 2.0 %

Shares of OTCMKTS:SEKEY traded up $0.16 during midday trading on Wednesday, hitting $8.07. 46,875 shares of the company's stock were exchanged, compared to its average volume of 35,318. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.01 and a quick ratio of 1.17. Seiko Epson has a 12 month low of $7.52 and a 12 month high of $9.69. The company has a market cap of $6.21 billion, a PE ratio of 14.15 and a beta of 0.89. The stock has a 50 day moving average price of $8.63 and a 200-day moving average price of $8.89.

Seiko Epson (OTCMKTS:SEKEY - Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.24 EPS for the quarter. Seiko Epson had a return on equity of 6.63% and a net margin of 4.24%. On average, sell-side analysts anticipate that Seiko Epson 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.