Seiko Epson (OTCMKTS:SEKEY) Sees Unusually-High Trading Volume - Here's Why

Seiko Epson Corp. (OTCMKTS:SEKEY - Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 145,325 shares were traded 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 Stock Up 1.6%

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 $4.89 billion, a PE ratio of 11.91 and a beta of 0.82. The business's 50-day moving average price is $6.53 and its 200-day moving average price is $7.67.

Seiko Epson (OTCMKTS:SEKEY - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.06 by $0.02. Seiko Epson had a net margin of 4.02% and a return on equity of 6.68%. The company had revenue of $2.38 billion during the quarter, compared to analyst estimates of $336.49 billion. As a group, equities research analysts predict that Seiko Epson Corp. will post 0.48 EPS for the current fiscal 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.