Nikon (OTCMKTS:NINOY) Shares Gap Up – Should You Buy?

Nikon Corp. (OTCMKTS:NINOY)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $11.04, but opened at $11.37. Nikon shares last traded at $11.37, with a volume of 300 shares.

Analyst Ratings Changes

Several research firms have recently commented on NINOY. Zacks Research downgraded Nikon from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 11th. Jefferies Financial Group downgraded shares of Nikon from a “strong-buy” rating to a “hold” rating in a report on Monday, September 1st. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce”.

Nikon Trading Up 4.1%

The stock has a market cap of $3.86 billion, a P/E ratio of 64.22 and a beta of 0.52. The stock’s 50-day moving average is $11.56 and its two-hundred day moving average is $10.95. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.89 and a quick ratio of 0.89.

Nikon (OTCMKTS:NINOY) last announced its quarterly earnings results on Thursday, November 6th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.15). Nikon had a return on equity of 1.33% and a net margin of 1.25%.The company had revenue of $1 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Equities research analysts anticipate that Nikon Corp. will post 0.44 EPS for the current year.

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.