Nikon (OTCMKTS:NINOY) Stock Price Down 5.6% – Here’s What Happened

Nikon Corp. (OTCMKTS:NINOY) shares fell 5.6% on Monday . The stock traded as low as $12.92 and last traded at $12.92. 950 shares were traded during mid-day trading, a decline of 76% from the average session volume of 3,939 shares. The stock had previously closed at $13.68.

Nikon Stock Down 3.7%

The company has a debt-to-equity ratio of 0.21, a current ratio of 1.97 and a quick ratio of 0.96. The company’s 50-day simple moving average is $12.97 and its 200 day simple moving average is $12.48. The firm has a market cap of $4.34 billion, a P/E ratio of -7.79 and a beta of 0.47.

Nikon (OTCMKTS:NINOY) last issued its quarterly earnings data 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 during the quarter, compared to analysts’ expectations 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.