Nikon (OTCMKTS:NINOY) Sees Large Volume Increase – Still a Buy?

Shares of Nikon Corp. (OTCMKTS:NINOY) saw unusually-strong trading volume on Tuesday . Approximately 20,930 shares were traded during mid-day trading, an increase of 403% from the previous session’s volume of 4,159 shares.The stock last traded at $13.3550 and had previously closed at $12.9250.

Nikon Stock Up 2.8%

The company has a quick ratio of 0.96, a current ratio of 1.97 and a debt-to-equity ratio of 0.21. The company has a 50-day simple moving average of $12.12 and a two-hundred day simple moving average of $12.03. The stock has a market cap of $4.37 billion, a P/E ratio of -7.86 and a beta of 0.50.

Nikon (OTCMKTS:NINOY) last announced its quarterly earnings data 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). Nikon had a negative net margin of 12.40% and a negative return on equity of 13.46%. The company 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.