Seiko Epson (OTCMKTS:SEKEY) Shares Gap Up – Here’s Why

Seiko Epson Corp. (OTCMKTS:SEKEY) gapped up prior to trading on Thursday . The stock had previously closed at $9.63, but opened at $9.92. Seiko Epson shares last traded at $9.92, with a volume of 1,311 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group downgraded Seiko Epson from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.

Seiko Epson Stock Performance

The stock has a market cap of $7.46 billion, a PE ratio of 38.39 and a beta of 0.85. The firm’s 50-day moving average is $9.47 and its 200 day moving average is $8.09. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.28 and a current ratio of 2.09.

Seiko Epson (OTCMKTS:SEKEY) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.04. Seiko Epson had a return on equity of 2.97% and a net margin of 1.71%.The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.09 billion. Seiko Epson has set its FY 2026 guidance at 0.676-0.676 EPS. As a group, research analysts anticipate that Seiko Epson Corp. will post 0.68 EPS for the current year.

About Seiko Epson

Seiko Epson Corporation, listed in the United States under the symbol SEKEY, is a Japan-based technology company that develops and manufactures imaging, printing, visual communications and precision equipment. Its products include inkjet printers and multifunction devices for consumer, business and industrial applications, as well as commercial and industrial printing systems, scanners, and related supplies and services.

The company also produces projectors and other visual communications equipment, industrial robots and automation systems, wearable devices and watches, and electronic components such as sensing and microdisplay technologies.