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

Nikon Corp. (OTCMKTS:NINOYGet Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $12.2150, but opened at $11.56. Nikon shares last traded at $12.04, with a volume of 105 shares traded.

Nikon Trading Down 0.5%

The company has a market cap of $3.93 billion, a price-to-earnings ratio of -6.39 and a beta of 0.48. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.97 and a quick ratio of 0.96. The firm’s fifty day moving average price is $12.96 and its 200-day moving average price is $12.54.

Nikon (OTCMKTS:NINOYGet Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.06. The business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1 billion. Nikon had a negative net margin of 13.88% and a negative return on equity of 15.23%.

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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