Casio Computer (OTCMKTS:CSIOY) Trading Down 10.3% – Here’s Why

Casio Computer Co. (OTCMKTS:CSIOY)’s stock price dropped 10.3% during trading on Friday . The company traded as low as $99.72 and last traded at $99.72. Approximately 104 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 210 shares. The stock had previously closed at $111.15.

Casio Computer Price Performance

The company has a debt-to-equity ratio of 0.17, a current ratio of 3.78 and a quick ratio of 2.88. The stock has a market capitalization of $2.37 billion, a price-to-earnings ratio of 26.88 and a beta of 0.20. The stock’s 50 day simple moving average is $86.24 and its 200-day simple moving average is $83.28.

Casio Computer Company Profile

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.