Nikon (OTCMKTS:NINOY) Posts Earnings Results

Nikon (OTCMKTS:NINOY) issued its earnings results on Thursday. The company reported ($1.83) earnings per share (EPS) for the quarter, Zacks reports. Nikon had a return on equity of 1.33% and a net margin of 1.25%.

Nikon Trading Down 7.5%

OTCMKTS NINOY traded down $0.93 on Thursday, reaching $11.43. The company had a trading volume of 528 shares, compared to its average volume of 2,316. Nikon has a 52 week low of $8.50 and a 52 week high of $13.00. The stock’s 50 day moving average is $11.65 and its 200-day moving average is $11.32. The company has a quick ratio of 0.89, a current ratio of 1.89 and a debt-to-equity ratio of 0.18. The stock has a market cap of $3.76 billion, a price-to-earnings ratio of 63.47 and a beta of 0.59.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Nikon from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, Nikon currently has an average rating of “Hold”.

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.