Casio Computer (OTCMKTS:CSIOY) Sets New 12-Month High – Time to Buy?

Casio Computer Co. (OTCMKTS:CSIOY) hit a new 52-week high on Wednesday . The company traded as high as $155.63 and last traded at $155.63, with a volume of 4 shares. The stock had previously closed at $148.01.

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 stock’s 50-day moving average price is $120.48 and its 200-day moving average price is $107.14. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of 22.62 and a beta of 0.32.

Casio Computer (OTCMKTS:CSIOY) last issued its quarterly earnings results on Friday, July 31st. The technology company reported $2.58 earnings per share 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.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Casio Computer stock. Pinnacle West Asset Management Inc. bought a new stake in Casio Computer Co. (OTCMKTS:CSIOY) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 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.