Nikon (OTCMKTS:NINOY) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Nikon Corp. (OTCMKTS:NINOY) saw unusually-high trading volume on Wednesday . Approximately 8,214 shares changed hands during mid-day trading, an increase of 459% from the previous session’s volume of 1,469 shares.The stock last traded at $11.9950 and had previously closed at $12.39.

Nikon Stock Down 1.5%

The business’s 50 day moving average price is $12.17 and its 200-day moving average price is $11.98. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.78 and a quick ratio of 0.83. The company has a market cap of $3.89 billion, a P/E ratio of -6.99 and a beta of 0.49.

Nikon (OTCMKTS:NINOY) last posted its quarterly earnings data on Friday, May 8th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.05). Nikon had a negative return on equity of 13.20% and a negative net margin of 12.40%.The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.17 billion.

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.