Nikon (OTCMKTS:NINOY) Shares Up 8.5% – What’s Next?

Nikon Corp. (OTCMKTS:NINOY) traded up 8.5% on Thursday . The company traded as high as $14.75 and last traded at $14.40. Approximately 1,318 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 4,149 shares. The stock had previously closed at $13.27.

Nikon Stock Down 0.7%

The company has a quick ratio of 0.96, a current ratio of 1.97 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $4.52 billion, a PE ratio of -8.13 and a beta of 0.50. The stock has a 50-day moving average of $12.30 and a 200 day moving average of $12.13.

Nikon (OTCMKTS:NINOY) last issued its quarterly earnings results on Friday, May 8th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.05). The business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.17 billion. Nikon had a negative return on equity of 13.46% and a negative net margin of 12.40%.

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.