Nikon (OTCMKTS:NINOY) Shares Gap Down – Here’s Why

Nikon Corp. (OTCMKTS:NINOY)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $13.84, but opened at $13.03. Nikon shares last traded at $13.69, with a volume of 544 shares trading hands.

Nikon Stock Down 1.1%

The firm’s 50-day moving average price is $12.27 and its 200 day moving average price is $12.12. The firm has a market cap of $4.51 billion, a P/E ratio of -8.10 and a beta of 0.50. The company has a quick ratio of 0.96, a current ratio of 1.97 and a debt-to-equity ratio of 0.21.

Nikon (OTCMKTS:NINOY) last issued 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). The firm 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.