Seiko Epson (OTCMKTS:SEKEY) Stock Price Crosses Below 50-Day Moving Average - Here's What Happened

Seiko Epson Co. (OTCMKTS:SEKEY - Get Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $7.21 and traded as low as $6.59. Seiko Epson shares last traded at $6.61, with a volume of 58,878 shares trading hands.

Seiko Epson Stock Performance

The company has a current ratio of 2.01, a quick ratio of 1.17 and a debt-to-equity ratio of 0.18. The business's 50 day moving average is $7.10 and its two-hundred day moving average is $8.12. The company has a market cap of $4.82 billion, a PE ratio of 11.32 and a beta of 0.85.

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, beating analysts' consensus estimates of $0.06 by $0.02. Seiko Epson had a net margin of 4.24% and a return on equity of 6.63%. The company had revenue of $2.38 billion for the quarter, compared to analysts' expectations of $336.49 billion. On average, equities research analysts anticipate that Seiko Epson Co. will post 0.48 EPS for the current 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.