Nikon (OTCMKTS:NINOY) Stock Price Up 15.4% – Should You Buy?

Nikon Corp. (OTCMKTS:NINOY)’s share price rose 15.4% during mid-day trading on Friday . The stock traded as high as $13.26 and last traded at $13.00. Approximately 337 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 3,957 shares. The stock had previously closed at $11.2640.

Nikon Stock Up 6.5%

The company’s fifty day moving average price is $12.10 and its 200-day moving average price is $12.01. The stock has a market cap of $4.22 billion, a P/E ratio of -7.58 and a beta of 0.50. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.96 and a current ratio of 1.97.

Nikon (OTCMKTS:NINOY) last released its earnings results on Friday, May 8th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.17 billion.

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.