Seiko Epson (OTCMKTS:SEKEY) Shares Gap Down - Time to Sell?

Seiko Epson Corp. (OTCMKTS:SEKEY - Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $6.57, but opened at $6.26. Seiko Epson shares last traded at $6.30, with a volume of 57,026 shares trading hands.

Seiko Epson Stock Down 4.9%

The company's 50-day moving average price is $6.51 and its 200 day moving average price is $7.54. The stock has a market cap of $4.67 billion, a PE ratio of 11.36 and a beta of 0.81. 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 released its earnings results on Thursday, May 1st. The company reported $0.08 earnings per share for the quarter, topping analysts' consensus estimates of $0.06 by $0.02. Seiko Epson had a return on equity of 6.68% and a net margin of 4.02%. The business had revenue of $2.38 billion for the quarter, compared to analyst estimates of $336.49 billion. As a group, analysts forecast that Seiko Epson Corp. will post 0.48 EPS for the current fiscal year.

Seiko Epson Company Profile

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.