Nikon (OTCMKTS:NINOY) Shares Gap Down – Time to Sell?

Nikon Corp. (OTCMKTS:NINOYGet Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $13.94, but opened at $13.17. Nikon shares last traded at $13.90, with a volume of 1,981 shares changing hands.

Nikon Price Performance

The company has a 50 day moving average of $13.01 and a 200 day moving average of $12.43. The stock has a market capitalization of $4.44 billion, a price-to-earnings ratio of -7.99 and a beta of 0.47. The company has a quick ratio of 0.96, a current ratio of 1.97 and a debt-to-equity ratio of 0.21.

Nikon (OTCMKTS:NINOYGet Free Report) last posted its quarterly earnings results on Friday, May 8th. The company reported $0.02 EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to analysts’ expectations of $1.17 billion.

About Nikon

(Get Free Report)

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.

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