Seiko Epson Corp. (OTCMKTS:SEKEY) Short Interest Down 66.2% in June

Seiko Epson Corp. (OTCMKTS:SEKEY) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 7,718 shares, a decline of 66.2% from the June 15th total of 22,859 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 49,278 shares, the short-interest ratio is presently 0.2 days.

Seiko Epson Stock Up 2.5%

OTCMKTS SEKEY opened at $8.81 on Wednesday. Seiko Epson has a 12 month low of $5.75 and a 12 month high of $9.61. The company has a market capitalization of $6.58 billion, a P/E ratio of 44.05 and a beta of 0.86. The company’s 50 day simple moving average is $8.49 and its 200 day simple moving average is $7.17. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.16 and a quick ratio of 1.28.

Seiko Epson (OTCMKTS:SEKEY) last issued its earnings results on Friday, May 1st. The company reported ($0.17) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.24). The business had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.17 billion. Seiko Epson had a return on equity of 2.32% and a net margin of 1.35%. Equities research analysts expect that Seiko Epson will post 0.59 earnings per share for the current fiscal year.

About Seiko Epson

Seiko Epson Corporation is a Japanese electronics company known for its broad portfolio of imaging and printing solutions, as well as precision devices and microelectronics. The company’s core offerings include inkjet, laser and dye-sublimation printers for home, office and industrial use, desktop scanners, and 3LCD projectors. Epson also manufactures compact, energy-efficient robotics and automation systems, as well as semiconductors and sensors that support applications in automotive, healthcare and other sectors.

Established in 1942 as Suwa Seikosha Co, Ltd., the business first adopted the “Epson” name in 1968 with the release of the EP-101 electronic printer—so named as the “son of the electronic printer.” In 1982, the company formally became Seiko Epson Corporation, reflecting its integration within the broader Seiko Group.