Nikon (OTCMKTS:NINOY) Shares Gap Down – Should You Sell?

Nikon Corp. (OTCMKTS:NINOY) shares gapped down prior to trading on Monday . The stock had previously closed at $13.94, but opened at $13.17. Nikon shares last traded at $13.90, with a volume of 1,981 shares changing hands.

Nikon Trading Up 2.2%

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 firm has a market cap of $4.61 billion, a price-to-earnings ratio of -8.29 and a beta of 0.47. The company has a 50-day moving average price of $13.00 and a 200 day moving average price of $12.40.

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

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.