Nikon (OTCMKTS:NINOY) Shares Gap Up – Should You Buy?

Nikon Corp. (OTCMKTS:NINOY) shares gapped up prior to trading on Thursday . The stock had previously closed at $11.7720, but opened at $12.85. Nikon shares last traded at $12.84, with a volume of 214 shares traded.

Nikon Stock Performance

The company has a market capitalization of $4.05 billion, a price-to-earnings ratio of -7.28 and a beta of 0.49. 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 stock has a 50 day moving average price of $12.17 and a two-hundred day moving average price of $11.95.

Nikon (OTCMKTS:NINOY) last released its quarterly earnings results on Friday, May 8th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.05). Nikon had a negative net margin of 12.40% and a negative return on equity of 13.20%. The business 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.