Seiko Epson (OTCMKTS:SEKEY) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Seiko Epson Co. (OTCMKTS:SEKEY)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $8.87 and traded as low as $8.60. Seiko Epson shares last traded at $8.61, with a volume of 19,873 shares trading hands.

Seiko Epson Stock Up 1.5 %

The firm’s 50 day simple moving average is $8.87 and its 200-day simple moving average is $8.90. The company has a current ratio of 2.12, a quick ratio of 1.28 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $6.63 billion, a price-to-earnings ratio of 17.39 and a beta of 0.89.

Seiko Epson (OTCMKTS:SEKEY) last issued its earnings results on Friday, November 1st. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $2.27 billion during the quarter. Seiko Epson had a net margin of 3.54% and a return on equity of 5.62%. Equities analysts expect that Seiko Epson Co. will post 0.49 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.