Nikon (OTCMKTS:NINOY) Shares Gap Up – What’s Next?

Nikon Corp. (OTCMKTS:NINOY)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $11.1615, but opened at $11.76. Nikon shares last traded at $11.3640, with a volume of 416 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Nikon from a “strong sell” rating to a “hold” rating in a research note on Monday. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Nikon Price Performance

The stock’s 50 day simple moving average is $11.41 and its 200 day simple moving average is $11.02. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.89 and a current ratio of 1.89. The firm has a market capitalization of $3.79 billion, a P/E ratio of 63.17 and a beta of 0.53.

Nikon (OTCMKTS:NINOY) last issued its quarterly earnings results on Thursday, November 6th. The company reported ($0.08) earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.15). Nikon had a return on equity of 1.33% and a net margin of 1.25%.The business had revenue of $1 billion for the quarter, compared to analysts’ expectations of $1.03 billion. As a group, analysts expect that Nikon Corp. will post 0.44 earnings per share for the current fiscal year.

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.