Seiko Epson Corp. (OTCMKTS:SEKEY) Shares Shorted: Short Interest Down 43.7% in October

Seiko Epson Corp. (OTCMKTS:SEKEY) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 9,078 shares, a decline of 43.7% from the September 30th total of 16,133 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 31,814 shares, the short-interest ratio is presently 0.3 days.

Analysts Set New Price Targets

Separately, Jefferies Financial Group downgraded shares of Seiko Epson from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Seiko Epson Stock Performance

OTCMKTS:SEKEY opened at $10.14 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.09 and a quick ratio of 1.27. The firm has a market cap of $7.58 billion, a PE ratio of 39.00 and a beta of 0.92. The firm has a 50 day simple moving average of $10.25 and a 200-day simple moving average of $8.29. Seiko Epson has a 1-year low of $5.75 and a 1-year high of $10.97.

Seiko Epson (OTCMKTS:SEKEY) last announced its earnings results on Wednesday, August 5th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.04. Seiko Epson had a net margin of 1.71% and a return on equity of 2.97%. The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.09 billion. Seiko Epson has set its FY 2026 guidance at 0.676-0.676 EPS. On average, equities analysts expect that Seiko Epson will post 0.68 EPS for the current year.

Seiko Epson Company Profile

Seiko Epson Corporation is a Japan-based technology company that develops and manufactures imaging, printing, visual communications, and precision products. The company is best known for its Epson brand of inkjet printers, multifunction devices, scanners, and business and industrial printing systems.

Epson also produces projectors and other visual communication equipment, industrial robots and automation systems, microdevices, electronic components, and related solutions. Its product portfolio serves consumers, businesses, schools, commercial printers, manufacturers, and other institutional customers.

The company traces its origins to Daiwa Kogyo, founded in 1942 in Suwa, Japan, and adopted the Epson name in the 1970s.