Seiko Epson (OTCMKTS:SEKEY) Shares Down 5.7% – What’s Next?

Seiko Epson Corp. (OTCMKTS:SEKEY)’s stock price fell 5.7% on Wednesday . The stock traded as low as $8.6560 and last traded at $8.6560. 1,542 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 26,490 shares. The stock had previously closed at $9.1750.

Seiko Epson Trading Down 4.1%

The company’s fifty day moving average is $7.44 and its two-hundred day moving average is $6.75. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.28 and a current ratio of 2.16. The company has a market cap of $6.49 billion, a price-to-earnings ratio of 43.40 and a beta of 0.84.

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