Casio Computer (OTCMKTS:CSIOY) Shares Gap Up – Time to Buy?

Casio Computer Co. (OTCMKTS:CSIOY) shares gapped up prior to trading on Monday . The stock had previously closed at $152.36, but opened at $161.3225. Casio Computer shares last traded at $161.3225, with a volume of 2 shares trading hands.

Casio Computer Stock Performance

The company has a quick ratio of 2.27, a current ratio of 3.10 and a debt-to-equity ratio of 0.11. The company has a market cap of $3.69 billion, a PE ratio of 23.11 and a beta of 0.32. The firm has a fifty day simple moving average of $129.01 and a 200-day simple moving average of $111.54.

Casio Computer (OTCMKTS:CSIOY) last released its quarterly earnings results on Friday, July 31st. The technology company reported $2.58 earnings per share (EPS) for the quarter. The firm had revenue of $467.56 million for the quarter. Casio Computer had a return on equity of 10.27% and a net margin of 8.23%.

Hedge Funds Weigh In On Casio Computer

An institutional investor recently bought a new stake in Casio Computer stock. Pinnacle West Asset Management Inc. purchased a new position in shares of Casio Computer Co. (OTCMKTS:CSIOY) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 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.