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

Nikon Corp. (OTCMKTS:NINOY)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $13.4980, but opened at $14.15. Nikon shares last traded at $14.63, with a volume of 1,248 shares.

Nikon Trading Up 8.6%

The stock has a fifty day moving average of $12.08 and a 200 day moving average of $11.90. The company has a market capitalization of $4.83 billion, a P/E ratio of -8.68 and a beta of 0.49. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.83 and a current ratio of 1.78.

Nikon (OTCMKTS:NINOY) last announced its 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). Nikon had a negative return on equity of 13.20% and a negative net margin of 12.40%.The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.17 billion.

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.