Nikon (OTCMKTS:NINOY) Sees Strong Trading Volume – Time to Buy?

Nikon Corp. (OTCMKTS:NINOY) shares saw unusually-high trading volume on Thursday . 8,560 shares changed hands during mid-day trading, an increase of 108% from the previous session’s volume of 4,116 shares.The stock last traded at $13.71 and had previously closed at $13.85.

Nikon Price Performance

The company has a current ratio of 1.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $4.44 billion, a P/E ratio of -7.98 and a beta of 0.47. The company has a fifty day simple moving average of $12.64 and a two-hundred day simple moving average of $12.26.

Nikon (OTCMKTS:NINOY) last issued its earnings results 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). Nikon had a negative net margin of 12.40% and a negative return on equity of 13.46%. The business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.17 billion.

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.