Canon (OTCMKTS:CAJPY) Announces Earnings Results

Canon (OTCMKTS:CAJPY) released its quarterly earnings data on Thursday. The company reported $0.82 EPS for the quarter, Zacks reports. Canon had a net margin of 3.59% and a return on equity of 4.69%.

Canon Stock Up 4.9%

OTCMKTS CAJPY traded up $1.42 during trading hours on Thursday, hitting $30.61. 33,731 shares of the company were exchanged, compared to its average volume of 61,836. Canon has a 52 week low of $26.25 and a 52 week high of $34.69. The company has a current ratio of 1.38, a quick ratio of 0.91 and a debt-to-equity ratio of 0.09. The stock has a 50-day moving average price of $29.78. The stock has a market capitalization of $28.99 billion, a PE ratio of 24.89 and a beta of 0.57.

About Canon

Canon Inc is a multinational corporation headquartered in Tokyo, Japan, renowned for its imaging and optical products. The company’s core businesses encompass the design, manufacturing, and sale of a broad range of products, including digital cameras, interchangeable lenses, printers, scanners, photocopiers, and multifunction office equipment. Canon also offers medical, industrial, and semiconductor lithography systems, supporting sectors such as healthcare, manufacturing, and electronics.

Founded in 1937 as Precision Optical Instruments Laboratory, Canon initially focused on the development of Japan’s first 35mm focal-plane-shutter camera.