Nikon (OTCMKTS:NINOY) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Nikon Corp. (OTCMKTS:NINOY) saw an uptick in trading volume on Tuesday . Approximately 21,760 shares traded hands during trading, an increase of 395% from the previous session’s volume of 4,400 shares.The stock last traded at $11.93 and had previously closed at $13.17.

Nikon Stock Down 8.9%

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 market cap of $3.95 billion, a PE ratio of -7.10 and a beta of 0.47. The company’s fifty day moving average is $12.97 and its 200-day moving average is $12.49.

Nikon (OTCMKTS:NINOY) last released its quarterly earnings results 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 for 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%.

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.