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

Shares of Casio Computer Co. (OTCMKTS:CSIOY) 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.

Casio Computer Stock Performance

The firm has a market cap of $3.67 billion, a PE ratio of 22.98 and a beta of 0.32. 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 stock has a 50-day moving average price of $119.60 and a 200 day moving average price of $106.64.

Casio Computer (OTCMKTS:CSIOY) last issued 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 10.20% and a net margin of 8.23%.

Institutional Investors Weigh In On Casio Computer

A hedge fund recently bought a new position in Casio Computer stock. Pinnacle West Asset Management Inc. purchased a new stake in Casio Computer Co. (OTCMKTS:CSIOY) during the second quarter, according to the company in its most recent filing with the SEC. The firm 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.