Nikon Corp. (OTCMKTS:NINOY – Get Free Report) was the recipient of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 1,406 shares, a decrease of 63.3% from the May 14th total of 3,828 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 35,702 shares, the days-to-cover ratio is presently 0.0 days.
Nikon Price Performance
Shares of OTCMKTS:NINOY traded up $0.60 during trading on Friday, reaching $12.63. 12,862 shares of the company traded hands, compared to its average volume of 14,590. The company’s 50 day moving average is $12.11 and its two-hundred day moving average is $12.01. The firm has a market capitalization of $4.16 billion, a PE ratio of -7.47 and a beta of 0.50. The company has a quick ratio of 0.96, a current ratio of 1.97 and a debt-to-equity ratio of 0.21. Nikon has a 52 week low of $9.09 and a 52 week high of $15.00.
Nikon (OTCMKTS:NINOY – Get Free Report) last released its earnings results on Friday, May 8th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.05). Nikon had a negative net margin of 12.40% and a negative return on equity of 13.46%. The company had revenue of $1.24 billion for the quarter, compared to the consensus estimate 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.
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