Casio Computer (OTCMKTS:CSIOY) Shares Gap Down – What’s Next?

Casio Computer Co. (OTCMKTS:CSIOY)’s share price gapped down before the market opened 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 trading hands.

Casio Computer Trading Down 3.2%

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 firm has a market capitalization of $3.46 billion, a PE ratio of 21.69 and a beta of 0.32. The stock’s fifty day simple moving average is $125.88 and its 200 day simple moving average is $110.08.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Casio Computer stock. Pinnacle West Asset Management Inc. acquired a new stake in shares of Casio Computer Co. (OTCMKTS:CSIOY) during the second quarter, according to its most recent disclosure 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.