Nikon (OTCMKTS:NINOY) Sees Large Volume Increase – Here’s Why

Nikon Corp. (OTCMKTS:NINOY) saw unusually-high trading volume on Tuesday . Approximately 21,760 shares traded hands during mid-day trading, an increase of 395% from the previous session’s volume of 4,400 shares.The stock last traded at $11.93 and had previously closed at $13.17.

Nikon Trading Up 0.6%

The company has a debt-to-equity ratio of 0.21, a current ratio of 1.97 and a quick ratio of 0.96. The business’s 50-day simple moving average is $12.96 and its two-hundred day simple moving average is $12.50. The stock has a market capitalization of $3.96 billion, a price-to-earnings ratio of -7.12 and a beta of 0.47.

Nikon (OTCMKTS:NINOY) last released its quarterly earnings data on Friday, May 8th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.05). Nikon had a negative return on equity of 13.46% and a negative net margin of 12.40%.The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.17 billion.

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.