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 changing hands.

Casio Computer Stock Performance

The company has a market capitalization of $3.69 billion, a price-to-earnings ratio of 23.11 and a beta of 0.32. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.10 and a quick ratio of 2.27. The stock has a 50 day simple moving average of $129.01 and a two-hundred day simple moving average of $111.54.

Casio Computer (OTCMKTS:CSIOY) last released 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 return on equity of 10.27% and a net margin of 8.23%.The business had revenue of $467.56 million during the quarter.

Hedge Funds Weigh In On Casio Computer

A hedge fund recently bought a new stake in Casio Computer stock. Pinnacle West Asset Management Inc. acquired a new position in shares of Casio Computer Co. (OTCMKTS:CSIOY) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 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.