Nikon (OTCMKTS:NINOY) Trading 8.9% Higher – Here’s What Happened

Nikon Corp. (OTCMKTS:NINOY)’s stock price rose 8.9% during mid-day trading on Wednesday . The stock traded as high as $14.04 and last traded at $13.67. Approximately 352 shares traded hands during trading, a decline of 75% from the average daily volume of 1,431 shares. The stock had previously closed at $12.5480.

Nikon Trading Down 1.1%

The company has a 50-day moving average price of $12.06 and a 200-day moving average price of $11.90. The firm has a market capitalization of $4.45 billion, a price-to-earnings ratio of -8.00 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 released its quarterly earnings data on Friday, May 8th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.05). The business had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.17 billion. Nikon had a negative return on equity of 13.20% and a negative net margin of 12.40%.

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.