Seiko Epson (OTCMKTS:SEKEY) Sees Unusually-High Trading Volume – Here’s Why

Seiko Epson Corp. (OTCMKTS:SEKEYGet Free Report) shares saw unusually-high trading volume on Thursday . Approximately 41,048 shares changed hands during trading, an increase of 141% from the previous session’s volume of 17,027 shares.The stock last traded at $6.45 and had previously closed at $6.40.

Seiko Epson Price Performance

The company has a current ratio of 2.14, a quick ratio of 1.17 and a debt-to-equity ratio of 0.20. The company has a 50 day simple moving average of $6.22 and a 200 day simple moving average of $6.36. The stock has a market cap of $4.80 billion, a P/E ratio of 12.37 and a beta of 0.65.

Seiko Epson (OTCMKTS:SEKEYGet Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.01. Seiko Epson had a net margin of 3.71% and a return on equity of 6.21%. The company had revenue of $2.26 billion during the quarter, compared to analysts’ expectations of $2.27 billion. Sell-side analysts forecast that Seiko Epson Corp. will post 0.48 earnings per share for the current fiscal year.

About Seiko Epson

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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.

Further Reading

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