Casio Computer (OTCMKTS:CSIOY) Shares Gap Down – Here’s Why

Casio Computer Co. (OTCMKTS:CSIOY) gapped down before the market opened on Tuesday . The stock had previously closed at $152.64, but opened at $147.7188. Casio Computer shares last traded at $147.7188, with a volume of 1 shares.

Casio Computer Trading Down 3.2%

The stock’s 50-day simple moving average is $125.88 and its two-hundred day simple moving average is $110.08. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.09 and a quick ratio of 2.35. The firm has a market capitalization of $3.46 billion, a P/E ratio of 21.69 and a beta of 0.32.

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

Institutional Trading of Casio Computer

A hedge fund recently bought a new position in Casio Computer stock. Pinnacle West Asset Management Inc. bought a new stake in shares of Casio Computer Co. (OTCMKTS:CSIOY) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 2,115 shares of the technology company’s stock, valued at approximately $913,000.

Casio Computer Company Profile

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.