Nikon (OTCMKTS:NINOY) Shares Gap Down – Time to Sell?

Nikon Corp. (OTCMKTS:NINOY)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $12.65, but opened at $11.91. Nikon shares last traded at $11.97, with a volume of 184 shares.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Nikon from a “strong sell” rating to a “hold” rating in a research note on Monday, January 5th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Nikon Stock Performance

The company has a current ratio of 1.78, a quick ratio of 0.83 and a debt-to-equity ratio of 0.20. The firm has a 50-day simple moving average of $12.41 and a two-hundred day simple moving average of $11.92. The company has a market capitalization of $4.03 billion, a price-to-earnings ratio of -7.16 and a beta of 0.57.

Nikon (OTCMKTS:NINOY) last issued its earnings results on Thursday, February 5th. The company reported ($1.83) earnings per share for the quarter, missing the consensus estimate of $0.16 by ($1.99). Nikon had a negative return on equity of 13.39% and a negative net margin of 12.31%.The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.15 billion. As a group, sell-side analysts forecast that Nikon Corp. will post 0.44 earnings per share for the current fiscal year.

About Nikon

Nikon Corporation is a Tokyo‐based multinational company specializing in the design and manufacture of optics and imaging products. Since its founding in 1917 as Nippon Kogaku K.K., Nikon has built a global reputation for precision optical and imaging technologies. The company operates across multiple segments, including Digital Imaging, Precision Equipment, Healthcare, and Industrial Metrology, serving both consumer and industrial markets.

In its Digital Imaging division, Nikon produces a wide range of cameras—from entry­-level point-and-shoot models to professional DSLRs and mirrorless systems—supported by an extensive lineup of NIKKOR interchangeable lenses and accessories.