Nikon (OTCMKTS:NINOY) Sees Large Volume Increase – What’s Next?

Shares of Nikon Corp. (OTCMKTS:NINOY) saw an uptick in trading volume on Friday . 1,768 shares changed hands during mid-day trading, an increase of 49% from the previous session’s volume of 1,185 shares.The stock last traded at $11.9150 and had previously closed at $12.11.

Analysts Set New Price Targets

Separately, Zacks Research raised Nikon from a “strong sell” rating to a “hold” rating in a report on Monday, January 5th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Nikon Stock Performance

The company has a debt-to-equity ratio of 0.20, a current ratio of 1.78 and a quick ratio of 0.83. The stock has a market capitalization of $4.02 billion, a P/E ratio of -7.14 and a beta of 0.57. The company has a fifty day moving average of $12.40 and a two-hundred day moving average of $11.93.

Nikon (OTCMKTS:NINOY) last announced its quarterly earnings data on Thursday, February 5th. The company reported ($1.83) earnings per share for the quarter, missing the consensus estimate of $0.16 by ($1.99). The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.15 billion. Nikon had a negative net margin of 12.31% and a negative return on equity of 13.39%. On average, equities analysts anticipate that Nikon Corp. will post 0.44 EPS for the current year.

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.