JPMorgan Chase & Co. cut shares of SEIKO EPSON COR/ADR (OTCMKTS:SEKEY) from a neutral rating to an underweight rating in a report released on Thursday, The Fly reports.

Several other analysts also recently weighed in on the stock. Zacks Investment Research downgraded shares of SEIKO EPSON COR/ADR from a hold rating to a sell rating in a research report on Saturday, December 28th. Jefferies Financial Group downgraded shares of SEIKO EPSON COR/ADR from a buy rating to a hold rating in a research report on Monday, December 23rd.

OTCMKTS:SEKEY traded up $0.04 during mid-day trading on Thursday, hitting $7.42. The stock had a trading volume of 13,809 shares, compared to its average volume of 11,101. The stock has a market capitalization of $5.22 billion, a price-to-earnings ratio of 12.36, a P/E/G ratio of 2.64 and a beta of 1.08. The company has a 50 day simple moving average of $7.61 and a 200-day simple moving average of $7.22. SEIKO EPSON COR/ADR has a 52 week low of $6.37 and a 52 week high of $8.20. The company has a current ratio of 2.16, a quick ratio of 1.24 and a debt-to-equity ratio of 0.33.

SEIKO EPSON COR/ADR (OTCMKTS:SEKEY) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.16 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.04. The firm had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.46 billion. SEIKO EPSON COR/ADR had a net margin of 4.23% and a return on equity of 8.65%. As a group, equities research analysts anticipate that SEIKO EPSON COR/ADR will post 0.4 earnings per share for the current year.

SEIKO EPSON COR/ADR Company Profile

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.

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