Nikon (OTCMKTS:NINOY) Shares Gap Up – Here’s What Happened

Nikon Corp. (OTCMKTS:NINOY)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $11.24, but opened at $12.08. Nikon shares last traded at $12.45, with a volume of 672 shares trading hands.

Nikon Trading Up 7.4%

The firm has a market cap of $3.98 billion, a PE ratio of -7.16 and a beta of 0.50. The company’s fifty day moving average price is $12.10 and its two-hundred day moving average price is $12.00. The company has a quick ratio of 0.96, a current ratio of 1.97 and a debt-to-equity ratio of 0.21.

Nikon (OTCMKTS:NINOY) last issued its earnings results 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 firm had revenue of $1.24 billion during 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 13.46%.

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.