Seiko Epson (OTCMKTS:SEKEY) Sees Large Volume Increase – Here’s What Happened

Shares of Seiko Epson Corp. (OTCMKTS:SEKEY) saw strong trading volume on Tuesday . 32,150 shares traded hands during mid-day trading, an increase of 8% from the previous session’s volume of 29,720 shares.The stock last traded at $6.31 and had previously closed at $6.1970.

Seiko Epson Price Performance

The business’s 50-day moving average price is $6.45 and its 200 day moving average price is $6.36. The company has a quick ratio of 1.22, a current ratio of 2.13 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $5.01 billion, a P/E ratio of 14.91 and a beta of 0.71.

Seiko Epson (OTCMKTS:SEKEY) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. Seiko Epson had a net margin of 3.11% and a return on equity of 5.27%. The company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.31 billion. Analysts anticipate that Seiko Epson Corp. will post 0.48 EPS 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.