Nikon (OTCMKTS:NINOY) Sees Strong Trading Volume – What’s Next?

Nikon Corp. (OTCMKTS:NINOY) saw unusually-high trading volume on Friday . Approximately 1,856 shares were traded during mid-day trading, an increase of 24% from the previous session’s volume of 1,491 shares.The stock last traded at $14.5464 and had previously closed at $14.6636.

Nikon Stock Down 2.8%

The company’s 50 day simple moving average is $12.13 and its 200-day simple moving average is $11.92. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.83 and a current ratio of 1.78. The firm has a market capitalization of $4.69 billion, a PE ratio of -8.43 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). The company had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.17 billion. Nikon had a negative net margin of 12.40% and a negative return on equity of 13.20%.

About Nikon

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.