Nikon (OTCMKTS:NINOY) Shares Gap Down – Time to Sell?

Nikon Corp. (OTCMKTS:NINOY) shares gapped down before the market opened on Monday . The stock had previously closed at $13.94, but opened at $13.17. Nikon shares last traded at $13.90, with a volume of 1,981 shares trading hands.

Nikon Trading Up 2.2%

The stock has a market cap of $4.61 billion, a price-to-earnings ratio of -8.29 and a beta of 0.47. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.96 and a current ratio of 1.97. The company’s 50 day simple moving average is $13.00 and its two-hundred day simple moving average is $12.40.

Nikon (OTCMKTS:NINOY) last issued its earnings results on Friday, May 8th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.05). The company had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.17 billion. Nikon had a negative net margin of 12.40% and a negative return on equity of 13.46%.

Nikon Company Profile

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.