Nikon (OTCMKTS:NINOY) Trading Down 10.4% – Here’s What Happened

Shares of Nikon Corp. (OTCMKTS:NINOY) fell 10.4% on Tuesday . The stock traded as low as $13.00 and last traded at $13.00. 22 shares traded hands during trading, a decline of 99% from the average session volume of 1,504 shares. The stock had previously closed at $14.5065.

Nikon Price Performance

The company’s 50-day moving average is $12.17 and its 200-day moving average is $11.95. The firm has a market capitalization of $3.87 billion, a price-to-earnings ratio of -6.97 and a beta of 0.49. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.78 and a quick ratio of 0.83.

Nikon (OTCMKTS:NINOY) last issued its quarterly earnings results on Friday, May 8th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.05). The company had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.17 billion. Nikon had a negative return on equity of 13.20% 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.