Seiko Epson (OTCMKTS:SEKEY) Upgraded at Nomura Securities

Nomura Securities upgraded shares of Seiko Epson (OTCMKTS:SEKEY) to a strong-buy rating in a research report released on Monday morning,Zacks.com reports.

Seiko Epson Trading Down 0.6%

SEKEY opened at $6.3730 on Monday. The firm has a market capitalization of $4.76 billion, a P/E ratio of 14.82 and a beta of 0.84. The firm’s 50 day moving average is $6.38 and its 200-day moving average is $7.02. Seiko Epson has a 52-week low of $6.11 and a 52-week high of $9.69. The company has a quick ratio of 1.15, a current ratio of 1.98 and a debt-to-equity ratio of 0.19.

Seiko Epson (OTCMKTS:SEKEY) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.05). Seiko Epson had a return on equity of 5.21% and a net margin of 3.14%.The business had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $322.07 billion. Analysts expect that Seiko Epson will post 0.48 EPS 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.