Nikon (OTCMKTS:NINOY) Shares Gap Down – What’s Next?

Nikon Corp. (OTCMKTS:NINOY) gapped down before the market opened on Wednesday . The stock had previously closed at $13.17, but opened at $12.0950. Nikon shares last traded at $11.82, with a volume of 211 shares.

Nikon Stock Down 2.7%

The firm’s fifty day simple moving average is $12.95 and its two-hundred day simple moving average is $12.50. The company has a current ratio of 1.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $3.85 billion, a price-to-earnings ratio of -6.92 and a beta of 0.47.

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

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.