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

Casio Computer Co. (OTCMKTS:CSIOY) gapped up prior to trading on Thursday. The stock had previously closed at $143.2250, but opened at $149.2174. Casio Computer shares last traded at $149.2174, with a volume of 10 shares traded.

Casio Computer Stock Up 4.2%

The firm has a market cap of $3.42 billion, a PE ratio of 21.91 and a beta of 0.49. The company has a 50-day simple moving average of $146.26 and a 200-day simple moving average of $124.79. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.10 and a quick ratio of 2.27.

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 return on equity of 10.27% and a net margin of 8.23%. The firm had revenue of $467.56 million for the quarter.

Casio Computer Company Profile

Casio Computer Co, Ltd. is a Japanese electronics company headquartered in Tokyo. The company develops and sells consumer and business products, including watches, electronic calculators, electronic musical instruments, label printers, and educational technology.

Casio is widely recognized for its digital watches, particularly the G-SHOCK, Baby-G, EDIFICE, PRO TREK, and standard digital watch brands. Its calculator business serves students, educators, professionals, and scientific users, while its electronic musical instrument portfolio includes digital pianos, keyboards, and related products.

The company was established in 1946 by the Kashio brothers and incorporated as Casio Computer Co, Ltd.