Seiko Epson Co. (OTCMKTS:SEKEY) Sees Large Drop in Short Interest

Seiko Epson Co. (OTCMKTS:SEKEY) was the recipient of a large decrease in short interest in February. As of February 28th, there was short interest totalling 2,600 shares, a decrease of 92.3% from the February 13th total of 33,900 shares. Based on an average trading volume of 88,300 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Seiko Epson Stock Performance

Shares of Seiko Epson stock traded down $0.06 on Thursday, reaching $8.39. 33,532 shares of the company traded hands, compared to its average volume of 38,190. 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 firm has a market capitalization of $6.46 billion, a PE ratio of 14.72 and a beta of 0.90. Seiko Epson has a 52 week low of $7.52 and a 52 week high of $9.69. The company has a 50 day moving average of $8.41 and a 200 day moving average of $8.86.

Seiko Epson (OTCMKTS:SEKEY) last announced its earnings results on Friday, January 31st. The company reported $0.24 earnings per share (EPS) for the quarter. Seiko Epson had a net margin of 4.24% and a return on equity of 6.63%. Equities analysts forecast that Seiko Epson will post 0.48 earnings per share 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.