Nikon (OTCMKTS:NINOY) Shares Gap Down – Should You Sell?

Nikon Corp. (OTCMKTS:NINOY)’s share price gapped down before the market opened on Friday . The stock had previously closed at $13.84, but opened at $13.03. Nikon shares last traded at $13.69, with a volume of 544 shares changing hands.

Nikon Stock Down 1.1%

The company has a market cap of $4.51 billion, a price-to-earnings ratio of -8.10 and a beta of 0.50. The stock has a 50-day simple moving average of $12.27 and a 200-day simple moving average of $12.12. The company has a current ratio of 1.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.21.

Nikon (OTCMKTS:NINOY) last issued its quarterly earnings results on Friday, May 8th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.05). Nikon had a negative net margin of 12.40% and a negative return on equity of 13.46%. The business had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.17 billion.

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.