Seiko Epson Corp. (OTCMKTS:SEKEY – Get Free Report)’s share price dropped 5.7% on Wednesday . The stock traded as low as $8.6560 and last traded at $8.6560. Approximately 1,542 shares were traded during trading, a decline of 94% from the average daily volume of 26,490 shares. The stock had previously closed at $9.1750.
Seiko Epson Stock Performance
The business’s 50-day moving average price is $7.55 and its 200-day moving average price is $6.79. 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 stock has a market cap of $6.59 billion, a P/E ratio of 44.07 and a beta of 0.84.
Seiko Epson (OTCMKTS:SEKEY – Get Free Report) last issued its quarterly earnings data on Friday, May 1st. The company reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.24). Seiko Epson had a net margin of 1.35% and a return on equity of 2.32%. The business had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.17 billion. As a group, sell-side analysts expect that Seiko Epson Corp. will post 0.59 earnings per share for the current fiscal year.
Seiko Epson Company Profile
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.
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