Nikon (OTCMKTS:NINOY) Trading Down 6.5% – Here’s Why

Nikon Corp. (OTCMKTS:NINOY) shares traded down 6.5% during trading on Thursday . The stock traded as low as $12.27 and last traded at $12.27. Approximately 677 shares changed hands during trading, a decline of 85% from the average daily volume of 4,456 shares. The stock had previously closed at $13.12.

Nikon Price Performance

The stock has a 50-day moving average price of $13.04 and a two-hundred day moving average price of $12.55. 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 stock has a market cap of $4.18 billion, a price-to-earnings ratio of -6.79 and a beta of 0.50.

Nikon (OTCMKTS:NINOY) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.06. Nikon had a negative return on equity of 15.23% and a negative net margin of 13.88%.The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1 billion.

Nikon Company Profile

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.