Nikon (OTCMKTS:NINOY) Trading Up 8.5% – Still a Buy?

Nikon Corp. (OTCMKTS:NINOY)’s stock price traded up 8.5% during trading on Thursday . The company traded as high as $14.75 and last traded at $14.40. 1,318 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 4,149 shares. The stock had previously closed at $13.27.

Nikon Stock Performance

The business’s fifty day moving average price is $12.24 and its two-hundred day moving average price is $12.11. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.96 and a current ratio of 1.97. The stock has a market capitalization of $4.59 billion, a P/E ratio of -8.25 and a beta of 0.50.

Nikon (OTCMKTS:NINOY) last announced its quarterly earnings results on Friday, May 8th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.05). The business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.17 billion. Nikon had a negative net margin of 12.40% and a negative return on equity of 13.46%.

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.