Nikon (OTCMKTS:NINOY) Sees Large Volume Increase – Should You Buy?

Nikon Corp. (OTCMKTS:NINOY) saw an uptick in trading volume on Wednesday . 8,214 shares changed hands during mid-day trading, an increase of 459% from the previous session’s volume of 1,469 shares.The stock last traded at $11.9950 and had previously closed at $12.39.

Nikon Stock Performance

The stock has a market cap of $3.95 billion, a PE ratio of -7.09 and a beta of 0.49. The company has a quick ratio of 0.83, a current ratio of 1.78 and a debt-to-equity ratio of 0.20. The stock has a 50-day moving average of $12.17 and a 200 day moving average of $11.98.

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 the consensus estimate of $0.07 by ($0.05). Nikon had a negative net margin of 12.40% and a negative return on equity of 13.20%. The company had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.17 billion.

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.