SEIKO EPSON COR/ADR (OTCMKTS:SEKEY) Downgraded by Zacks Investment Research

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Zacks Investment Research cut shares of SEIKO EPSON COR/ADR (OTCMKTS:SEKEY) from a hold rating to a sell rating in a research report released on Wednesday, Zacks.com reports.

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. “

Separately, Goldman Sachs Group lowered shares of SEIKO EPSON COR/ADR from a buy rating to a neutral rating in a research note on Friday, September 20th.

SEIKO EPSON COR/ADR stock opened at $6.87 on Wednesday. The company’s 50 day simple moving average is $6.87 and its 200 day simple moving average is $7.37. SEIKO EPSON COR/ADR has a fifty-two week low of $6.37 and a fifty-two week high of $8.54. The firm has a market capitalization of $4.83 billion, a price-to-earnings ratio of 9.96, a PEG ratio of 1.92 and a beta of 1.08.

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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