Casio Computer (OTCMKTS:CSIOY) Stock Passes Above 50-Day Moving Average - Here's What Happened

Key Points

• Casio Computer's shares recently exceeded their 50-day moving average, reaching a high of $86.60 before settling at $81.68.
• The company reported a net margin of 2.18% and a return on equity of 4.78% for the last quarter with earnings per share of $0.82.
• Casio Computer has a current market cap of $1.94 billion and maintains solid liquidity with a quick ratio of 3.19 and a current ratio of 4.25.

Shares of Casio Computer Co. (OTCMKTS:CSIOY - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $82.86 and traded as high as $86.60. Casio Computer shares last traded at $81.68, with a volume of 2,054 shares trading hands.

Casio Computer Price Performance

The company has a market cap of $1.94 billion, a PE ratio of 48.91 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 firm has a 50 day simple moving average of $82.86 and a 200-day simple moving average of $78.63.

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.