Nikon (OTCMKTS:NINOY) Shares Gap Up – What’s Next?

Nikon Corp. (OTCMKTS:NINOY) shares gapped up before the market opened on Monday . The stock had previously closed at $11.35, but opened at $12.80. Nikon shares last traded at $12.79, with a volume of 23 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Nikon from a “strong sell” rating to a “hold” rating in a research note on Monday, January 5th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Nikon has a consensus rating of “Hold”.

Nikon Stock Performance

The company has a market cap of $4.11 billion, a price-to-earnings ratio of -7.30 and a beta of 0.59. The company has a current ratio of 1.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.18. The stock’s 50 day moving average price is $11.66 and its 200 day moving average price is $11.36.

Nikon (OTCMKTS:NINOY) last issued its quarterly earnings results on Thursday, November 6th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.15). Nikon had a negative return on equity of 12.92% and a negative net margin of 12.31%.The company had revenue of $1 billion for the quarter, compared to analyst estimates of $1.03 billion. On average, analysts expect that Nikon Corp. will post 0.44 EPS for the current fiscal year.

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.