Shares of Canon, Inc. (OTCMKTS:CAJPY – Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $30.45, but opened at $29.30. Canon shares last traded at $30.4555, with a volume of 1,663 shares trading hands.
Canon Trading Up 0.1%
The stock has a market capitalization of $30.10 billion, a price-to-earnings ratio of 24.78 and a beta of 0.59. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.91 and a current ratio of 1.38. The stock has a 50 day moving average of $29.34.
Canon (OTCMKTS:CAJPY – Get Free Report) last issued its quarterly earnings data on Monday, October 27th. The company reported $0.48 EPS for the quarter. Canon had a return on equity of 4.69% and a net margin of 3.59%.The business had revenue of $7.49 billion for the quarter, compared to the consensus estimate of $7.37 billion.
About Canon
Canon Inc is a multinational corporation headquartered in Tokyo, Japan, renowned for its imaging and optical products. The company’s core businesses encompass the design, manufacturing, and sale of a broad range of products, including digital cameras, interchangeable lenses, printers, scanners, photocopiers, and multifunction office equipment. Canon also offers medical, industrial, and semiconductor lithography systems, supporting sectors such as healthcare, manufacturing, and electronics.
Founded in 1937 as Precision Optical Instruments Laboratory, Canon initially focused on the development of Japan’s first 35mm focal-plane-shutter camera.
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