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

Casio Computer Co. (OTCMKTS:CSIOY) gapped down before the market opened on Tuesday. The stock had previously closed at $146.30, but opened at $136.45. Casio Computer shares last traded at $136.45, with a volume of 8 shares changing hands.

Casio Computer Trading Down 1.7%

The company has a quick ratio of 2.27, a current ratio of 3.10 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $3.29 billion, a PE ratio of 21.11 and a beta of 0.49. The stock’s fifty day simple moving average is $145.86 and its 200 day simple moving average is $122.04.

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 10.27%. The business had revenue of $467.56 million for the quarter.

About Casio Computer

Casio Computer Co, Ltd. is a Japanese electronics company that develops and markets consumer and business-oriented electronic products. Its portfolio includes watches, calculators, electronic musical instruments, educational products, labeling systems and projectors.

The company is best known for its digital and analog-digital timepieces, including the G-SHOCK, BABY-G, EDIFICE, PRO TREK and OCEANUS brands. Casio also produces scientific and graphing calculators, electronic keyboards and digital pianos, electronic dictionaries, label printers and other specialized devices.

Founded in Japan in 1946 by Tadao Kashio and his brothers, the company began as a manufacturer of mechanical components before introducing the Casio 14-A, an early all-electric compact calculator, in 1957.