Short Interest in Seiko Epson Co. (OTCMKTS:SEKEY) Increases By 105.7%

Seiko Epson Co. (OTCMKTS:SEKEY) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 32,300 shares, an increase of 105.7% from the November 30th total of 15,700 shares. Based on an average trading volume of 46,100 shares, the days-to-cover ratio is presently 0.7 days.

Seiko Epson Stock Performance

OTCMKTS SEKEY traded up $0.05 during trading hours on Friday, hitting $9.14. 7,843 shares of the stock were exchanged, compared to its average volume of 19,727. Seiko Epson has a 12-month low of $7.02 and a 12-month high of $9.69. The stock has a 50-day moving average of $9.00 and a 200 day moving average of $8.78. The company has a market cap of $7.03 billion, a price-to-earnings ratio of 18.64 and a beta of 0.90. The company has a quick ratio of 1.28, a current ratio of 2.12 and a debt-to-equity ratio of 0.14.

Seiko Epson (OTCMKTS:SEKEY) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.04 EPS for the quarter. Seiko Epson had a return on equity of 5.62% and a net margin of 3.54%. The business had revenue of $2.27 billion during the quarter. As a group, equities research analysts forecast that Seiko Epson will post 0.47 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.