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

Nikon Corp. (OTCMKTS:NINOY) shares gapped down prior to trading on Thursday . The stock had previously closed at $12.85, but opened at $12.1850. Nikon shares last traded at $11.9575, with a volume of 115 shares traded.

Analyst Ratings Changes

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 analysts have rated the stock with a Hold rating, According to MarketBeat, Nikon currently has a consensus rating of “Hold”.

Nikon Stock Performance

The company has a quick ratio of 0.83, a current ratio of 1.78 and a debt-to-equity ratio of 0.20. The company has a fifty day moving average price of $12.22 and a 200 day moving average price of $11.82. The stock has a market cap of $4.01 billion, a PE ratio of -7.13 and a beta of 0.57.

Nikon (OTCMKTS:NINOY) last posted its quarterly earnings results on Thursday, February 5th. The company reported ($1.83) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($1.99). The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.15 billion. Nikon had a negative return on equity of 13.39% and a negative net margin of 12.31%. Analysts expect that Nikon Corp. will post 0.44 earnings per share for the current year.

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.