Casio Computer (OTCMKTS:CSIOY) Hits New 52-Week High – What’s Next?

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

Casio Computer Trading Up 8.8%

The company has a debt-to-equity ratio of 0.11, a current ratio of 3.09 and a quick ratio of 2.35. The company has a market cap of $3.65 billion, a price-to-earnings ratio of 22.85 and a beta of 0.32. The business’s fifty day moving average price is $118.83 and its 200 day moving average price is $106.12.

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

Institutional Investors Weigh In On Casio Computer

An institutional investor recently bought a new position in Casio Computer stock. Pinnacle West Asset Management Inc. acquired a new position in shares of Casio Computer Co. (OTCMKTS:CSIOY) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm 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.