Canon (OTCMKTS:CAJPY) Announces Earnings Results

Canon (OTCMKTS:CAJPY) announced its quarterly earnings data on Tuesday. The company reported $0.56 EPS for the quarter, Zacks reports. Canon had a return on equity of 9.41% and a net margin of 7.36%.

Canon Stock Up 1.2%

OTCMKTS:CAJPY opened at $31.62 on Tuesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.46 and a quick ratio of 0.96. The company has a 50-day moving average of $29.34 and a 200 day moving average of $28.38. Canon has a 1-year low of $25.07 and a 1-year high of $32.34. The firm has a market cap of $27.78 billion, a PE ratio of 12.45 and a beta of 0.54.

Analyst Ratings Changes

Separately, Zacks Research upgraded Canon from a “strong sell” rating to a “hold” rating in a research report on Friday, July 10th. One research analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Canon Company Profile

Canon Inc is a Japan-based imaging and technology company that develops and sells products and solutions for consumers, businesses and professional users. Its offerings include digital cameras, interchangeable lenses, network cameras, inkjet and laser printers, scanners, projectors and related software and services.

The company also operates in medical and industrial technology. Its medical business provides diagnostic imaging systems, including computed tomography, magnetic resonance imaging, ultrasound and digital radiography equipment.