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

Casio Computer Co. (OTCMKTS:CSIOY)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $118.61, but opened at $105.08. Casio Computer shares last traded at $105.08, with a volume of 20 shares.

Casio Computer Trading Down 9.4%

The business has a fifty day simple moving average of $114.22 and a 200-day simple moving average of $101.88. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.35 and a current ratio of 3.09. The firm has a market cap of $2.46 billion, a price-to-earnings ratio of 19.79 and a beta of 0.30.

Casio Computer (OTCMKTS:CSIOY) last announced its quarterly earnings results on Thursday, May 14th. The technology company reported $1.22 EPS for the quarter. The firm had revenue of $435.10 million for the quarter. Casio Computer had a return on equity of 7.69% and a net margin of 6.59%.

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.