Seiko Epson (OTCMKTS:SEKEY) Downgraded by Zacks Investment Research to Hold

Zacks Investment Research downgraded shares of Seiko Epson (OTCMKTS:SEKEY) from a buy rating to a hold rating in a research note released on Wednesday, November 22nd.

According to Zacks, “Seiko Epson Corporation is engaged in the development, manufacturing, sales, marketing and servicing of information-related equipment, electronic devices, precision products and other products. The Information Equipment segment manufactures and offers computers and peripherals, including PCs, printers, scanners and projectors. The Electronic Devices and Precision Equipment segment is engaged in the development, manufacture and sale of quartz devices, semiconductors, and displays, watches, plastic corrective lenses, and factory automation equipment. Seiko Epson Corporation has its head office in Suwa, Nagano. “

Shares of Seiko Epson (SEKEY) traded up $0.14 during midday trading on Wednesday, hitting $11.93. The company had a trading volume of 8,743 shares, compared to its average volume of 34,743. The company has a market cap of $9,535.29, a P/E ratio of 24.35, a price-to-earnings-growth ratio of 2.05 and a beta of 1.11. Seiko Epson has a 1-year low of $10.02 and a 1-year high of $13.25. The company has a current ratio of 1.71, a quick ratio of 1.08 and a debt-to-equity ratio of 0.14.

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