Casio Computer (OTCMKTS:CSIOY) Shares Gap Up – Should You Buy?

Casio Computer Co. (OTCMKTS:CSIOY)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $143.03, but opened at $156.24. Casio Computer shares last traded at $156.24, with a volume of 2 shares traded.

Casio Computer Trading Up 0.1%

The company has a current ratio of 3.09, a quick ratio of 2.35 and a debt-to-equity ratio of 0.11. The business has a 50 day moving average of $119.60 and a 200-day moving average of $106.64. The stock has a market cap of $3.67 billion, a PE ratio of 22.98 and a beta of 0.32.

Casio Computer (OTCMKTS:CSIOY) last released its quarterly earnings results on Friday, July 31st. The technology company reported $2.58 earnings per share for the quarter. Casio Computer had a return on equity of 10.20% and a net margin of 8.23%.The company had revenue of $467.56 million during the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Casio Computer stock. Pinnacle West Asset Management Inc. purchased a new position in shares of Casio Computer Co. (OTCMKTS:CSIOY) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,115 shares of the technology company’s stock, valued at approximately $913,000.

About Casio Computer

Casio Computer Co, Ltd. is a Japan-based multinational company specializing in the design, manufacture and sale of consumer and commercial electronics. Founded in 1957 by Tadao Kashio, the company initially gained recognition for its pioneering work in compact calculators. Over the decades, it has expanded its product portfolio to include timepieces, digital cameras, electronic musical instruments, label printers, cash registers and data loggers.

Among its most well-known offerings are the G-SHOCK and Baby-G lines of shock-resistant watches, which have become staples in both casual and professional wear.