Seiko Epson (OTCMKTS:SEKEY) Shares Cross Below 50 Day Moving Average - Here's What Happened

Seiko Epson Co. (OTCMKTS:SEKEY - Get Free Report)'s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $6.72 and traded as low as $6.36. Seiko Epson shares last traded at $6.36, with a volume of 173,927 shares traded.

Seiko Epson Stock Performance

The stock has a market capitalization of $4.69 billion, a PE ratio of 11.02 and a beta of 0.82. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.01 and a quick ratio of 1.17. The business's fifty day moving average price is $6.66 and its 200-day moving average price is $7.92.

Seiko Epson (OTCMKTS:SEKEY - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported $0.08 EPS for the quarter, topping analysts' consensus estimates of $0.06 by $0.02. The firm had revenue of $2.38 billion for the quarter, compared to analyst estimates of $336.49 billion. Seiko Epson had a net margin of 4.24% and a return on equity of 6.63%. As a group, equities research analysts expect that Seiko Epson Co. will post 0.48 EPS for the current 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.