Nikon (OTCMKTS:NINOY) Shares Gap Up – Here’s Why

Shares of Nikon Corp. (OTCMKTS:NINOY) gapped up prior to trading on Thursday . The stock had previously closed at $13.4980, but opened at $14.15. Nikon shares last traded at $14.63, with a volume of 1,248 shares traded.

Nikon Stock Up 8.6%

The company has a quick ratio of 0.83, a current ratio of 1.78 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $4.83 billion, a PE ratio of -8.68 and a beta of 0.49. The company’s 50 day moving average is $12.08 and its two-hundred day moving average is $11.90.

Nikon (OTCMKTS:NINOY) last released its quarterly earnings data 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 the consensus estimate of $1.17 billion. Nikon had a negative net margin of 12.40% and a negative return on equity of 13.20%.

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.