Short Interest in Seiko Epson Co. (OTCMKTS:SEKEY) Grows By 383.6%

Seiko Epson Co. (OTCMKTS:SEKEY) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 32,400 shares, a growth of 383.6% from the February 29th total of 6,700 shares. Based on an average daily trading volume, of 28,100 shares, the days-to-cover ratio is presently 1.2 days.

Seiko Epson Price Performance

Shares of SEKEY stock traded up $0.07 during trading hours on Wednesday, hitting $8.63. The company’s stock had a trading volume of 10,009 shares, compared to its average volume of 16,472. The business has a fifty day moving average of $7.99 and a 200-day moving average of $7.62. The stock has a market cap of $6.65 billion, a price-to-earnings ratio of 14.15 and a beta of 0.97. Seiko Epson has a twelve month low of $6.75 and a twelve month high of $8.74. The company has a current ratio of 2.52, a quick ratio of 1.51 and a debt-to-equity ratio of 0.23.

Seiko Epson (OTCMKTS:SEKEY) last released its quarterly earnings results on Friday, February 2nd. The company reported $0.16 EPS for the quarter. The business had revenue of $2.50 billion for the quarter. Seiko Epson had a net margin of 4.23% and a return on equity of 7.49%. As a group, equities research analysts anticipate that Seiko Epson will post 0.63 EPS for the current year.

Seiko Epson Company Profile

Seiko Epson Corporation, together with its subsidiaries, develops, manufactures, sells, and provides services for products in the printing solutions, visual communications, manufacturing-related and wearables, and other businesses. It operates through three segments: Printing Solutions, Visual Communications, and Manufacturing-related and Wearables segments.