Nikon Corp. (OTCMKTS:NINOY – Get Free Report) shares reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as $10.05 and last traded at $10.50, with a volume of 5 shares traded. The stock had previously closed at $10.72.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded Nikon to a “hold” rating in a research report on Friday, September 25th. One research analyst has rated the stock with a Hold rating. According to data from MarketBeat, the company has a consensus rating of “Hold”.
Check Out Our Latest Research Report on NINOY
Nikon Stock Performance
The stock’s fifty day moving average price is $11.49 and its two-hundred day moving average price is $12.26. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.92 and a current ratio of 1.91. The company has a market cap of $3.46 billion, a P/E ratio of -5.61 and a beta of 0.56.
Nikon (OTCMKTS:NINOY – Get Free Report) last issued its earnings results on Thursday, November 5th. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.21. Nikon had a negative return on equity of 15.50% and a negative net margin of 13.88%. As a group, equities analysts predict that Nikon Corp. will post 0.61 earnings per share for the current year.
About Nikon
Nikon Corporation is a Japan-based optical and imaging technology company best known for its cameras, lenses and other photographic products. Its imaging business serves professional photographers, enthusiasts and content creators through mirrorless and digital SLR cameras, interchangeable lenses, binoculars and related accessories, as well as software and services that support image creation and management.
The company also develops precision equipment for industrial and scientific applications.
See Also
- Five stocks we like better than Nikon
- Uber’s Profit Drop: A Speed Bump or Structural Shift?
- Boeing Has the Orders, the Cash Flow, and Insider Buyers, But What’s Still Missing?
- The Fed Is Split on Rates—Why These 2 Treasury ETFs Could Have an Edge
- Gold’s 2026 Pullback Raises a Bigger Question: Buy the Metal or the Miners?
Receive News & Ratings for Nikon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nikon and related companies with MarketBeat.com's FREE daily email newsletter.
