Canon (OTCMKTS:CAJPY) Posts Earnings Results

Canon (OTCMKTS:CAJPY) announced its quarterly earnings data on Tuesday. The company reported $0.56 earnings per share (EPS) for the quarter, Zacks reports. Canon had a net margin of 7.36% and a return on equity of 9.41%. The firm had revenue of $7.28 billion during the quarter.

Canon Price Performance

Shares of OTCMKTS CAJPY opened at $29.26 on Thursday. Canon has a 1 year low of $25.07 and a 1 year high of $32.34. The firm has a 50-day simple moving average of $29.37 and a two-hundred day simple moving average of $28.37. The company has a market cap of $25.71 billion, a P/E ratio of 11.52 and a beta of 0.54. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.46 and a quick ratio of 0.96.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Canon from a “strong sell” rating to a “hold” rating in a report on Friday, July 10th. One research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

About Canon

Canon Inc is a Japan-based imaging and technology company that develops and sells products and solutions for consumers, businesses and professional users. Its offerings include digital cameras, interchangeable lenses, network cameras, inkjet and laser printers, scanners, projectors and related software and services.

The company also operates in medical and industrial technology. Its medical business provides diagnostic imaging systems, including computed tomography, magnetic resonance imaging, ultrasound and digital radiography equipment.