Seiko Epson Co. (OTCMKTS:SEKEY) Sees Significant Increase in Short Interest

Seiko Epson Co. (OTCMKTS:SEKEY) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 62,400 shares, a growth of 93.2% from the December 31st total of 32,300 shares. Based on an average trading volume of 36,700 shares, the short-interest ratio is currently 1.7 days.

Seiko Epson Stock Up 1.0 %

Shares of SEKEY stock traded up $0.09 during trading hours on Wednesday, hitting $8.80. 13,548 shares of the company were exchanged, compared to its average volume of 34,353. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.28 and a current ratio of 2.12. Seiko Epson has a one year low of $7.02 and a one year high of $9.69. The business’s 50-day simple moving average is $8.86 and its two-hundred day simple moving average is $8.91. The stock has a market capitalization of $6.78 billion, a price-to-earnings ratio of 17.96 and a beta of 0.89.

Seiko Epson (OTCMKTS:SEKEY) last issued its earnings results on Friday, November 1st. The company reported $0.04 earnings per share for the quarter. The firm had revenue of $2.27 billion during the quarter. Seiko Epson had a net margin of 3.54% and a return on equity of 5.62%. Sell-side analysts predict that Seiko Epson will post 0.49 EPS for the current fiscal year.

About Seiko Epson

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.