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

Seiko Epson Co. (OTCMKTS:SEKEY - Get Free Report) saw a large drop in short interest in 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 short-interest ratio is presently 0.0 days.

Seiko Epson Price Performance

Shares of OTCMKTS SEKEY traded down $0.08 on Friday, hitting $6.45. The company's stock had a trading volume of 271,394 shares, compared to its average volume of 73,566. 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 stock has a 50 day moving average of $6.83 and a 200-day moving average of $8.00. The company has a market capitalization of $4.82 billion, a price-to-earnings ratio of 11.32 and a beta of 0.85. Seiko Epson has a 12-month low of $6.29 and a 12-month high of $9.69.

Seiko Epson (OTCMKTS:SEKEY - Get Free Report) last announced 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 return on equity of 6.63% and a net margin of 4.24%. The company had revenue of $2.38 billion during the quarter, compared to analyst estimates of $336.49 billion. As a group, research analysts predict that Seiko Epson 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.