Nikon Corp. (OTCMKTS:NINOY – Get Free Report) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 3,364 shares, a drop of 79.7% from the June 15th total of 16,557 shares. Based on an average daily volume of 10,970 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are short sold.
Nikon Trading Up 4.5%
OTCMKTS:NINOY traded up $0.60 during trading hours on Friday, reaching $14.10. 1,175 shares of the stock were exchanged, compared to its average volume of 5,022. The company has a quick ratio of 0.96, a current ratio of 1.97 and a debt-to-equity ratio of 0.21. The business has a 50-day moving average of $12.78 and a two-hundred day moving average of $12.29. Nikon has a twelve month low of $9.09 and a twelve month high of $15.00. The company has a market capitalization of $4.64 billion, a price-to-earnings ratio of -8.34 and a beta of 0.47.
Nikon (OTCMKTS:NINOY – Get Free Report) last issued its quarterly earnings data on Friday, May 8th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.05). The firm had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.17 billion. Nikon had a negative net margin of 12.40% and a negative return on equity of 13.46%.
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.
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