Nikon (OTCMKTS:NINOY) Shares Gap Down – Should You Sell?

Nikon Corp. (OTCMKTS:NINOY – Get Free Report) gapped down prior to trading on Monday. The stock had previously closed at $10.16, but opened at $9.50. Nikon shares last traded at $9.72, with a volume of 2,457 shares traded.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Nikon to a “hold” rating in a report on Friday, September 25th. One research analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

View Our Latest Analysis on NINOY

Nikon Trading Up 0.5%

The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.92 and a current ratio of 1.91. The firm has a market capitalization of $3.23 billion, a P/E ratio of -6.09 and a beta of 0.57. The firm has a 50 day moving average price of $11.41 and a two-hundred day moving average price of $12.25.

Nikon (OTCMKTS:NINOY – Get Free Report) last announced its earnings results on Thursday, November 5th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.21. The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.05 billion. Nikon had a negative return on equity of 13.88% and a negative net margin of 11.86%. On average, equities research analysts expect that Nikon Corp. will post 0.61 EPS for the current fiscal year.

Nikon Company Profile

(Get Free Report)

Recommended Stories

Receive News & Ratings for Nikon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nikon and related companies with MarketBeat.com's FREE daily email newsletter.