Zacks Investment Research upgraded shares of SEIKO EPSON Cor/GDR (OTCMKTS:SEKEY) from a sell rating to a hold rating in a research report sent to investors on Wednesday morning.

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 SEKEY stock traded up $0.03 during trading hours on Wednesday, reaching $8.13. 10,117 shares of the stock were exchanged, compared to its average volume of 38,747. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.21 and a current ratio of 1.94. SEIKO EPSON Cor/GDR has a 12-month low of $7.97 and a 12-month high of $12.67. The firm has a market capitalization of $5.71 billion, a price-to-earnings ratio of 13.97, a PEG ratio of 1.63 and a beta of 1.13.

About SEIKO EPSON Cor/GDR

Seiko Epson Corporation, together with its subsidiaries, develops, manufactures, sells, and provides services for products in the printing solutions, visual communications, wearable and industrial products, and other businesses in Japan, the United States, China, and internationally. Its Printing Solutions segment provides inkjet printers, serial impact dot matrix printers, page printers, color image scanners, large-format inkjet printers, industrial inkjet printing systems, printers for use in POS systems, label printers and related consumables, office papermaking systems, personal computers, and others.

See Also: Momentum Indicator: Relative Strength Index

Get a free copy of the Zacks research report on SEIKO EPSON Cor/GDR (SEKEY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for SEIKO EPSON Cor/GDR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SEIKO EPSON Cor/GDR and related companies with MarketBeat.com's FREE daily email newsletter.