Nikon (OTCMKTS:NINOY) Stock Price Down 5.6% – Here’s What Happened

Nikon Corp. (OTCMKTS:NINOYGet Free Report) shares were down 5.6% during trading on Monday . The stock traded as low as $12.92 and last traded at $12.92. 950 shares traded hands during trading, a decline of 76% from the average daily volume of 3,939 shares. The stock had previously closed at $13.68.

Nikon Trading Down 3.7%

The stock has a market cap of $4.34 billion, a PE ratio of -7.79 and a beta of 0.47. The stock has a 50-day moving average price of $12.97 and a two-hundred day moving average price of $12.48. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.97 and a quick ratio of 0.96.

Nikon (OTCMKTS:NINOYGet Free Report) last issued 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 return on equity of 13.46% and a negative net margin of 12.40%.The firm had revenue of $1.24 billion during the quarter, compared to the consensus estimate 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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