Casio Computer (OTCMKTS:CSIOY) Shares Gap Down – Should You Sell?

Casio Computer Co. (OTCMKTS:CSIOY) gapped down prior to trading 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 Price Performance

The company has a quick ratio of 2.35, a current ratio of 3.09 and a debt-to-equity ratio of 0.11. The business’s 50-day moving average is $127.62 and its two-hundred day moving average is $110.82. The company has a market capitalization of $3.71 billion, a P/E ratio of 23.23 and a beta of 0.32.

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

Hedge Funds Weigh In On Casio Computer

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