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

Shares of Nikon Corp. (OTCMKTS:NINOY) gapped up before the market opened on Thursday . The stock had previously closed at $11.24, but opened at $12.08. Nikon shares last traded at $12.45, with a volume of 672 shares.

Nikon Trading Up 7.4%

The company has a debt-to-equity ratio of 0.21, a current ratio of 1.97 and a quick ratio of 0.96. The company has a market cap of $3.98 billion, a price-to-earnings ratio of -7.16 and a beta of 0.50. The business’s 50-day simple moving average is $12.10 and its 200-day simple moving average is $12.00.

Nikon (OTCMKTS:NINOY) last announced its earnings results on Friday, May 8th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 13.46% and a negative net margin of 12.40%.

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.