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

Seiko Epson Co. (OTCMKTS:SEKEY) was the recipient of a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 68,300 shares, an increase of 2,526.9% from the February 28th total of 2,600 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 86,200 shares, the short-interest ratio is presently 0.8 days.

Seiko Epson Stock Down 0.5 %

Shares of OTCMKTS:SEKEY opened at $8.27 on Friday. Seiko Epson has a 1 year low of $7.52 and a 1 year high of $9.69. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.01 and a quick ratio of 1.17. The business’s 50-day moving average is $8.34 and its 200-day moving average is $8.80. The company has a market capitalization of $6.36 billion, a price-to-earnings ratio of 14.50 and a beta of 0.90.

Seiko Epson (OTCMKTS:SEKEY) last issued its quarterly earnings results on Friday, January 31st. The company reported $0.24 earnings per share (EPS) for the quarter. Seiko Epson had a return on equity of 6.63% and a net margin of 4.24%. Equities research analysts predict that Seiko Epson will post 0.48 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.