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Seiko Epson (OTCMKTS:SEKEY) Shares Gap Up - Should You Buy?

Seiko Epson logo with Computer and Technology background

Seiko Epson Corp. (OTCMKTS:SEKEY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $6.20, but opened at $6.71. Seiko Epson shares last traded at $6.71, with a volume of 215 shares traded.

Seiko Epson Price Performance

The firm has a market cap of $4.89 billion, a price-to-earnings ratio of 11.90 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. The stock's 50 day simple moving average is $6.39 and its 200-day simple moving average is $7.30.

Seiko Epson (OTCMKTS:SEKEY - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.08 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $336.49 billion. Equities research analysts anticipate that Seiko Epson Corp. will post 0.48 EPS for the current fiscal 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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