Nikon (OTCMKTS:NINOY) Trading Up 5.7% – What’s Next?

Shares of Nikon Corp. (OTCMKTS:NINOY) were up 5.7% during mid-day trading on Tuesday . The company traded as high as $11.06 and last traded at $11.06. Approximately 69 shares were traded during trading, a decline of 94% from the average daily volume of 1,229 shares. The stock had previously closed at $10.46.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Nikon from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Nikon Stock Performance

The firm has a market cap of $3.79 billion, a PE ratio of -6.73 and a beta of 0.57. The firm has a 50-day moving average price of $12.12 and a two-hundred day moving average price of $11.89. The company has a quick ratio of 0.83, a current ratio of 1.78 and a debt-to-equity ratio of 0.20.

Nikon (OTCMKTS:NINOY) last released its earnings results on Thursday, February 5th. The company reported ($1.83) earnings per share for the quarter, missing the consensus estimate of $0.16 by ($1.99). The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Nikon had a negative net margin of 12.31% and a negative return on equity of 13.39%.

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.