Short Interest in Seiko Epson Co. (OTCMKTS:SEKEY) Declines By 71.1%

Seiko Epson Co. (OTCMKTS:SEKEY - Get Free Report) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totalling 7,100 shares, a drop of 71.1% from the April 30th total of 24,600 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily volume of 218,300 shares, the days-to-cover ratio is presently 0.0 days.

Seiko Epson Stock Down 1.2%

Shares of OTCMKTS:SEKEY traded down $0.08 during trading on Monday, reaching $6.45. 271,394 shares of the stock traded hands, compared to its average volume of 73,566. The stock has a market cap of $4.82 billion, a P/E ratio of 11.32 and a beta of 0.85. Seiko Epson has a 52-week low of $6.29 and a 52-week high of $9.69. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.17 and a current ratio of 2.01. The stock has a 50-day moving average of $6.83 and a two-hundred day moving average of $7.99.

Seiko Epson (OTCMKTS:SEKEY - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.08 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $336.49 billion. As a group, sell-side analysts expect that Seiko Epson will post 0.48 earnings per share for the current fiscal 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.