Seiko Epson Co. (OTCMKTS:SEKEY) Short Interest Down 66.5% in April

Seiko Epson Co. (OTCMKTS:SEKEY) saw a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 6,600 shares, a drop of 66.5% from the March 31st total of 19,700 shares. Based on an average daily volume of 23,800 shares, the days-to-cover ratio is currently 0.3 days.

Seiko Epson Price Performance

Shares of OTCMKTS SEKEY traded down $0.40 during midday trading on Thursday, hitting $8.62. The company had a trading volume of 18,667 shares, compared to its average volume of 16,842. The company has a quick ratio of 1.51, a current ratio of 2.52 and a debt-to-equity ratio of 0.23. The business has a 50-day simple moving average of $8.43 and a two-hundred day simple moving average of $7.74. Seiko Epson has a twelve month low of $6.75 and a twelve month high of $9.09. The firm has a market capitalization of $6.64 billion, a price-to-earnings ratio of 14.67 and a beta of 0.97.

Seiko Epson (OTCMKTS:SEKEY) last released its quarterly earnings results on Friday, February 2nd. The company reported $0.16 earnings per share (EPS) for the quarter. Seiko Epson had a return on equity of 7.49% and a net margin of 4.23%. The business had revenue of $2.50 billion during the quarter. Equities research analysts anticipate that Seiko Epson will post 0.57 earnings per share 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.