Casio Computer (OTCMKTS:CSIOY) Shares Gap Up - Here's What Happened

Key Points

• Casio shares gapped up pre-market, opening at $109.17 versus the prior close of $104.07, a rise of about 4.9%.
• The company shows solid fundamentals — low debt-to-equity (0.15), strong liquidity (current ratio 3.55, quick ratio 2.71), a market cap of $2.59B and a P/E of 19.46 — and the price is trading above both its 50- and 200-day moving averages.
• The reported trading volume was only 1 share, signaling very thin OTC liquidity that can exaggerate short-term price moves.

Casio Computer Co. (OTCMKTS:CSIOY - Get Free Report)'s share price gapped up prior to trading on Monday . The stock had previously closed at $104.07, but opened at $109.17. Casio Computer shares last traded at $109.17, with a volume of 1 shares trading hands.

Casio Computer Stock Up 4.9%

The firm's fifty day moving average price is $96.38 and its 200-day moving average price is $86.81. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.55 and a quick ratio of 2.71. The firm has a market capitalization of $2.59 billion, a P/E ratio of 19.46 and a beta of 0.23.

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.

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