Nikon (OTCMKTS:NINOY) Stock Price Passes Below Fifty Day Moving Average – Here’s What Happened

Nikon Corp. (OTCMKTS:NINOY)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $13.12 and traded as low as $12.23. Nikon shares last traded at $12.62, with a volume of 2,678 shares trading hands.

Nikon Trading Up 1.8%

The business has a fifty day moving average price of $13.12 and a two-hundred day moving average price of $12.55. 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 firm has a market capitalization of $4.15 billion, a PE ratio of -6.75 and a beta of 0.50.

Nikon (OTCMKTS:NINOY) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.06. Nikon had a negative net margin of 13.88% and a negative return on equity of 15.23%. The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1 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.