Several other equities research analysts also recently issued reports on CAJ. Zacks Investment Research downgraded Canon from a hold rating to a sell rating in a report on Tuesday, April 16th. Morgan Stanley upgraded Canon from an equal weight rating to an overweight rating in a report on Tuesday, April 16th. Finally, Goldman Sachs Group upgraded Canon from a sell rating to a neutral rating in a report on Thursday, February 21st. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of Hold.
Shares of NYSE:CAJ traded up $0.20 during trading on Wednesday, reaching $28.25. 3,659 shares of the stock were exchanged, compared to its average volume of 306,183. The company has a quick ratio of 1.28, a current ratio of 1.92 and a debt-to-equity ratio of 0.15. Canon has a 1-year low of $26.36 and a 1-year high of $34.45. The firm has a market capitalization of $29.90 billion, a price-to-earnings ratio of 13.25, a PEG ratio of 3.72 and a beta of 0.56.
Canon Company Profile
Canon Inc manufactures and sells office multifunction devices (MFDs), plain paper copying machines, laser and inkjet printers, cameras, diagnostic equipment, and lithography equipment. The company operates through four segments: Office Business Unit, Imaging System Business Unit, Medical System Business Unit, and Industry and Others Business Unit.
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