Nikon (OTCMKTS:NINOY) Shares Down 6.5% – Should You Sell?

Nikon Corp. (OTCMKTS:NINOY) dropped 6.5% during trading on Thursday . The stock traded as low as $12.27 and last traded at $12.27. Approximately 677 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 4,456 shares. The stock had previously closed at $13.12.

Nikon Trading Down 6.5%

The company has a quick ratio of 0.96, a current ratio of 1.97 and a debt-to-equity ratio of 0.21. The business’s fifty day moving average is $13.02 and its 200 day moving average is $12.55. The stock has a market cap of $4.04 billion, a PE ratio of -6.56 and a beta of 0.50.

Nikon (OTCMKTS:NINOY) last issued its earnings results on Thursday, August 6th. The company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.06. The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1 billion. Nikon had a negative net margin of 13.88% and a negative return on equity of 15.23%.

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.