Nikon (OTCMKTS:NINOY) Shares Gap Down – Here’s Why

Nikon Corp. (OTCMKTS:NINOY)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $13.17, but opened at $12.0950. Nikon shares last traded at $11.82, with a volume of 211 shares changing hands.

Nikon Trading Up 0.4%

The firm has a market capitalization of $3.95 billion, a P/E ratio of -7.10 and a beta of 0.47. The company has a current ratio of 1.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.21. The stock has a 50 day simple moving average of $12.96 and a 200-day simple moving average of $12.50.

Nikon (OTCMKTS:NINOY) last posted its quarterly earnings data 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 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 analysts’ expectations 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.