Seiko Epson (OTCMKTS:SEKEY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Thursday.

According to Zacks, “Seiko Epson Corporation is engaged in the development, manufacturing, sales, marketing and servicing of information-related equipment, electronic devices, precision products and other products. The Information Equipment segment manufactures and offers computers and peripherals, including PCs, printers, scanners and projectors. The Electronic Devices and Precision Equipment segment is engaged in the development, manufacture and sale of quartz devices, semiconductors, and displays, watches, plastic corrective lenses, and factory automation equipment. Seiko Epson Corporation has its head office in Suwa, Nagano. “

Shares of Seiko Epson (OTCMKTS SEKEY) opened at $11.85 on Thursday. Seiko Epson has a 12 month low of $9.72 and a 12 month high of $13.25. The company has a current ratio of 1.71, a quick ratio of 1.08 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $9,511.31, a P/E ratio of 24.29, a price-to-earnings-growth ratio of 2.05 and a beta of 1.11.

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