NIKON CORP/ADR (NINOY) Downgraded by ValuEngine to Sell
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.
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 camerasinterchangeable lens type, interchangeable lenses and compact digital cameras, and other products.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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