Nikon (OTCMKTS:NINOY) Reaches New 12-Month Low – Should You Sell?

Nikon Co. (OTCMKTS:NINOY)’s stock price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $8.90 and last traded at $9.16, with a volume of 7678 shares traded. The stock had previously closed at $9.65.

Nikon Price Performance

The company has a market capitalization of $3.17 billion, a price-to-earnings ratio of 35.23 and a beta of 0.47. The business has a fifty day moving average price of $10.48 and a 200 day moving average price of $10.93. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.88 and a quick ratio of 0.96.

Nikon (OTCMKTS:NINOY) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.18). Nikon had a net margin of 1.98% and a return on equity of 2.01%. On average, research analysts expect that Nikon Co. will post 0.44 earnings per share for the current fiscal year.

About Nikon

Nikon Corporation manufactures and sells optical instruments in Japan, North America, Europe, China, Thailand, and internationally. It operates through Imaging Products Business, Precision Equipment Business, Healthcare Business, Components Business, and Industrial equipment and Others segments. The Imaging Products Business segment provides digital SLR cameras, compact digital cameras, and interchangeable camera lenses.