Nikon Corp. (OTCMKTS:NINOY) Short Interest Update

Nikon Corp. (OTCMKTS:NINOY) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 913 shares, a drop of 23.7% from the January 15th total of 1,197 shares. Based on an average daily volume of 4,320 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 4,320 shares, the short-interest ratio is currently 0.2 days.

Nikon Trading Up 2.2%

Shares of NINOY opened at $13.00 on Friday. The business’s 50-day moving average price is $11.75 and its 200 day moving average price is $11.45. The company has a current ratio of 1.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $4.28 billion, a P/E ratio of -7.60 and a beta of 0.59. Nikon has a 1-year low of $8.50 and a 1-year high of $13.00.

Nikon (OTCMKTS:NINOY) last posted its quarterly earnings data on Thursday, February 5th. The company reported ($1.83) EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($1.99). Nikon had a negative net margin of 12.31% and a negative return on equity of 12.92%. The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Analysts expect that Nikon will post 0.44 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Nikon from a “strong sell” rating to a “hold” rating in a research note on Monday, January 5th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Nikon presently has an average rating of “Hold”.

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.