Seiko Epson (OTCMKTS:SEKEY) Stock Price Passes Below 50-Day Moving Average – Should You Sell?

Seiko Epson Co. (OTCMKTS:SEKEY)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $9.21 and traded as low as $9.07. Seiko Epson shares last traded at $9.07, with a volume of 17,053 shares.

Seiko Epson Price Performance

The stock has a market cap of $6.98 billion, a price-to-earnings ratio of 17.11 and a beta of 0.92. The company has a current ratio of 2.31, a quick ratio of 1.42 and a debt-to-equity ratio of 0.18. The company’s fifty day moving average is $9.21 and its two-hundred day moving average is $8.53.

Seiko Epson (OTCMKTS:SEKEY) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.19 earnings per share for the quarter. Seiko Epson had a return on equity of 6.12% and a net margin of 3.81%. The business had revenue of $2.16 billion during the quarter. As a group, research analysts predict that Seiko Epson Co. will post 0.51 earnings per share for the current 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.