Nikon (OTCMKTS:NINOY) Shares Pass Below Fifty Day Moving Average – What’s Next?

Shares of Nikon Co. (OTCMKTS:NINOYGet Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $10.54 and traded as low as $9.91. Nikon shares last traded at $10.10, with a volume of 1,313 shares changing hands.

Nikon Price Performance

The company has a market cap of $3.50 billion, a PE ratio of 38.85 and a beta of 0.54. The stock has a fifty day simple moving average of $10.54 and a two-hundred day simple moving average of $10.93. The company has a current ratio of 1.88, a quick ratio of 0.96 and a debt-to-equity ratio of 0.12.

Nikon (OTCMKTS:NINOYGet Free Report) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.18). Nikon had a return on equity of 2.01% and a net margin of 1.98%. On average, equities analysts predict that Nikon Co. will post 0.44 EPS for the current fiscal year.

About Nikon

(Get Free Report)

Nikon Corporation manufactures and sells optical instruments in Japan, North America, Europe, China, Thailand, and internationally. It operates through Imaging Products Business, Precision Equipment Business, Healthcare Business, Components Business, and Industrial equipment and Others segments. The Imaging Products Business segment provides digital SLR cameras, compact digital cameras, and interchangeable camera lenses.

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