Nomura Securities upgraded shares of Seiko Epson (OTCMKTS:SEKEY - Free Report) to a strong-buy rating in a report released on Monday morning,Zacks.com reports.
Seiko Epson Price Performance
Shares of SEKEY stock traded up $0.13 during trading hours on Monday, hitting $6.48. The company had a trading volume of 41,739 shares, compared to its average volume of 33,298. Seiko Epson has a 12 month low of $6.11 and a 12 month high of $9.69. The firm has a market capitalization of $4.84 billion, a price-to-earnings ratio of 15.07 and a beta of 0.84. The firm's fifty day moving average is $6.38 and its 200 day moving average is $6.98. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.15 and a current ratio of 1.98.
Seiko Epson (OTCMKTS:SEKEY - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.05). The business had revenue of $2.18 billion during the quarter, compared to analyst estimates of $322.07 billion. Seiko Epson had a return on equity of 5.21% and a net margin of 3.14%. On average, sell-side analysts predict that Seiko Epson will post 0.48 EPS for the current fiscal year.
Seiko Epson Company Profile
(
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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.
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