Casio Computer (OTCMKTS:CSIOY) Shares Gap Down - Should You Sell?

Key Points

• Casio Computer's shares experienced a significant gap down, opening at $80.41, after closing at $85.96, indicating a loss of confidence among investors.
• The company reported earnings of $0.82 per share and revenue of $430.50 million in its latest quarterly results, with a net margin of 2.18%.
• Casio has a market capitalization of $1.97 billion, a P/E ratio of 49.63, and low debt levels, as indicated by a debt-to-equity ratio of 0.19.

Casio Computer Co. (OTCMKTS:CSIOY - Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $85.96, but opened at $80.41. Casio Computer shares last traded at $85.39, with a volume of 32 shares traded.

Casio Computer Stock Performance

The firm has a market cap of $1.97 billion, a PE ratio of 49.63 and a beta of 0.34. The company has a quick ratio of 3.19, a current ratio of 4.25 and a debt-to-equity ratio of 0.19. The business has a 50 day simple moving average of $82.12 and a two-hundred day simple moving average of $78.67.

Casio Computer (OTCMKTS:CSIOY - Get Free Report) last announced its quarterly earnings data on Friday, August 1st. The technology company reported $0.82 EPS for the quarter. Casio Computer had a net margin of 2.18% and a return on equity of 4.78%. The company had revenue of $430.50 million for the quarter.

About Casio Computer

Casio Computer Co,Ltd. develops, produces, and sells consumer, system equipment, and other products. The company operates in Timepieces, Consumer, System Equipment, and Other segments. It offers timepieces, electronic dictionaries, calculators, label printers, electronic musical instruments, handheld terminals, cash registers, management support systems, data projectors, formed parts, and molds products.