Seiko Epson (OTCMKTS:SEKEY) Trading Down 0.5% - Should You Sell?

Key Points

• Seiko Epson's stock price decreased by 0.5% to $6.53 during mid-day trading, marking a significant drop from its previous close of $6.56.
• The company's recent earnings report revealed $0.07 earnings per share, underperforming against the consensus estimate of $0.12.
• Seiko Epson has a market capitalization of $4.88 billion and key financial ratios, including a quick ratio of 1.15 and a debt-to-equity ratio of 0.19.

Seiko Epson Corp. (OTCMKTS:SEKEY - Get Free Report)'s stock price traded down 0.5% during mid-day trading on Wednesday . The stock traded as low as $6.53 and last traded at $6.53. 22,090 shares were traded during mid-day trading, a decline of 38% from the average session volume of 35,457 shares. The stock had previously closed at $6.56.

Seiko Epson Stock Down 0.5%

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 50 day simple moving average of $6.38 and a 200-day simple moving average of $7.10. The stock has a market cap of $4.88 billion, a P/E ratio of 15.19 and a beta of 0.84.

Seiko Epson (OTCMKTS:SEKEY - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.05). The business had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $322.07 billion. Seiko Epson had a net margin of 3.14% and a return on equity of 5.21%. On average, equities research analysts forecast that Seiko Epson Corp. will post 0.48 earnings per share 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.

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