Nikon Corp. (OTCMKTS:NINOY – Get Free Report) saw a large decrease in short interest in September. As of September 30th, there was short interest totaling 37 shares, a decrease of 94.4% from the September 15th total of 664 shares. Based on an average trading volume of 3,297 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.
Nikon Trading Down 1.9%
Nikon stock traded down $0.22 during trading on Friday, reaching $11.75. 1,922 shares of the company were exchanged, compared to its average volume of 2,400. Nikon has a 52-week low of $10.05 and a 52-week high of $15.00. The company has a market capitalization of $3.87 billion, a P/E ratio of -6.28 and a beta of 0.52. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.91 and a quick ratio of 0.92. The stock’s 50 day simple moving average is $12.01 and its two-hundred day simple moving average is $12.39.
Nikon (OTCMKTS:NINOY – Get 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 company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1 billion. Nikon had a negative return on equity of 15.50% and a negative net margin of 13.88%. On average, equities research analysts expect that Nikon will post 0.61 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Report on Nikon
Nikon Company Profile
Nikon Corporation is a Japan-based optical and precision-equipment company whose roots date to 1917, when it was established as Nippon Kogaku Kogyo. The company is best known for its imaging products, including mirrorless and digital cameras, NIKKOR lenses, binoculars, rangefinders and other photographic equipment.
Nikon also develops precision technologies for industrial and scientific applications. Its businesses include semiconductor and flat-panel-display lithography systems, industrial and metrology equipment, microscopes, optical components and healthcare-related products and services.
Featured Stories
- Five stocks we like better than Nikon
- 3 Stocks Chopped in Half: Why These Drops May Be Structural, Not a Dip
- Home Depot and Lowe’s Hit 52-Week Lows—But Analysts Aren’t Giving Up
- Utilities Are Bouncing Back—These 2 Giants Could Signal the Next Big Sector Rally
- Q3 Earnings Could Blow Past Consensus—Be Ready for What Comes Next
Receive News & Ratings for Nikon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nikon and related companies with MarketBeat.com's FREE daily email newsletter.
