ValuEngine cut shares of NIKON CORP/ADR (OTCMKTS:NINOY) from a hold rating to a sell rating in a research report sent to investors on Thursday morning.

NINOY has been the subject of several other reports. Jefferies Financial Group upgraded shares of NIKON CORP/ADR from an underperform rating to a hold rating in a report on Tuesday, September 25th. Zacks Investment Research cut shares of NIKON CORP/ADR from a strong-buy rating to a hold rating in a research note on Tuesday, November 27th.

Shares of NIKON CORP/ADR stock traded up $0.49 during trading on Thursday, hitting $15.46. The stock had a trading volume of 7,151 shares, compared to its average volume of 34,753. The stock has a market cap of $6.12 billion, a P/E ratio of 19.57, a PEG ratio of 0.55 and a beta of 0.46. NIKON CORP/ADR has a 12 month low of $13.86 and a 12 month high of $20.79. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.29 and a current ratio of 1.90.

NIKON CORP/ADR (OTCMKTS:NINOY) last announced its quarterly earnings data on Thursday, November 8th. The company reported $0.15 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.15. The firm had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.51 billion. NIKON CORP/ADR had a return on equity of 7.55% and a net margin of 6.00%. Sell-side analysts predict that NIKON CORP/ADR will post 1.26 earnings per share for the current year.

About NIKON CORP/ADR

Nikon Corporation manufactures and sells optical instruments in Japan and internationally. It operates through three segments: Imaging Products Business, Precision Equipment Business, and Healthcare Business. The Imaging Products Business segment develops, manufacture, sells and service of digital cameras–interchangeable lens type, interchangeable lenses and compact digital cameras, and other products.

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