ValuEngine Downgrades Nikon Corp. (NINOY) to Hold

ValuEngine cut shares of Nikon Corp. (OTCMKTS:NINOY) from a buy rating to a hold rating in a report released on Friday morning.

Shares of Nikon Corp. (OTCMKTS NINOY) opened at 16.97 on Friday. The stock has a 50 day moving average of $16.55 and a 200-day moving average of $15.45. Nikon Corp. has a one year low of $13.94 and a one year high of $17.79. The company has a market capitalization of $6.72 billion, a price-to-earnings ratio of 190.67 and a beta of 0.53.

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About Nikon Corp.

NIKON CORPORATION is mainly engaged in the manufacture and sale of image and video equipment. The Company operates in three business segments. The Precision Equipment segment offers semiconductor exposure apparatus and flat panel display (FPD) exposure apparatus products and services. The Video segment provides video related and its peripheral area products and services, such as interchangeable lens type digital cameras, compact digital cameras and interchangeable lenses.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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