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Seiko Epson (OTCMKTS:SEKEY) Sees Large Volume Increase - Should You Buy?

Seiko Epson logo with Computer and Technology background

Seiko Epson Corp. (OTCMKTS:SEKEY - Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 145,325 shares changed hands during mid-day trading, an increase of 84% from the previous session's volume of 78,869 shares.The stock last traded at $6.31 and had previously closed at $6.16.

Seiko Epson Trading Down 0.2%

The company has a quick ratio of 1.15, a current ratio of 1.98 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $4.70 billion, a price-to-earnings ratio of 11.45 and a beta of 0.82. The firm's 50 day moving average is $6.54 and its 200 day moving average is $7.70.

Seiko Epson (OTCMKTS:SEKEY - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.02. Seiko Epson had a return on equity of 6.68% and a net margin of 4.02%. The firm had revenue of $2.38 billion for the quarter, compared to the consensus estimate of $336.49 billion. Equities analysts forecast that Seiko Epson Corp. will post 0.48 earnings per share for the current year.

About Seiko Epson

(Get Free Report)

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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