Nikon (OTCMKTS:NINOY) Reaches New 12-Month High – Here’s Why

Nikon Corp. (OTCMKTS:NINOY) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $14.08 and last traded at $13.48, with a volume of 2804 shares changing hands. The stock had previously closed at $12.5480.

Nikon Trading Up 5.7%

The firm has a fifty day moving average of $12.04 and a 200 day moving average of $11.89. The firm has a market capitalization of $4.36 billion, a PE ratio of -7.85 and a beta of 0.49. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.83 and a current ratio of 1.78.

Nikon (OTCMKTS:NINOY) last issued its quarterly earnings data on Friday, May 8th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.05). Nikon had a negative return on equity of 13.20% and a negative net margin of 12.40%.The firm had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.17 billion.

About Nikon

Nikon Corporation is a Tokyo?based multinational company specializing in the design and manufacture of optics and imaging products. Since its founding in 1917 as Nippon Kogaku K.K., Nikon has built a global reputation for precision optical and imaging technologies. The company operates across multiple segments, including Digital Imaging, Precision Equipment, Healthcare, and Industrial Metrology, serving both consumer and industrial markets.

In its Digital Imaging division, Nikon produces a wide range of cameras—from entry­-level point-and-shoot models to professional DSLRs and mirrorless systems—supported by an extensive lineup of NIKKOR interchangeable lenses and accessories.