Casio Computer (OTCMKTS:CSIOY) Trading 7.1% Higher – Still a Buy?

Shares of Casio Computer Co. (OTCMKTS:CSIOY) rose 7.1% on Wednesday . The stock traded as high as $158.22 and last traded at $158.22. 64 shares were traded during mid-day trading, a decline of 66% from the average daily volume of 188 shares. The stock had previously closed at $147.7188.

Casio Computer Stock Performance

The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.35 and a current ratio of 3.09. The business’s fifty day simple moving average is $126.64 and its 200-day simple moving average is $110.41. The firm has a market capitalization of $3.71 billion, a PE ratio of 23.23 and a beta of 0.32.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Casio Computer stock. Pinnacle West Asset Management Inc. bought a new position in Casio Computer Co. (OTCMKTS:CSIOY) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 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.