Nikon (OTCMKTS:NINOY) Reaches New 52-Week High – Here’s Why

Nikon Corp. (OTCMKTS:NINOYGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $14.08 and last traded at $13.48, with a volume of 2804 shares trading hands. The stock had previously closed at $12.5480.

Nikon Trading Up 8.6%

The firm has a market cap of $4.83 billion, a PE ratio of -8.68 and a beta of 0.49. The company has a quick ratio of 0.83, a current ratio of 1.78 and a debt-to-equity ratio of 0.20. The stock’s fifty day simple moving average is $12.08 and its two-hundred day simple moving average is $11.90.

Nikon (OTCMKTS:NINOYGet Free Report) last released its earnings results on Friday, May 8th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.05). Nikon had a negative net margin of 12.40% and a negative return on equity of 13.20%. The business had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.17 billion.

About Nikon

(Get Free Report)

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.

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