Nikon (OTCMKTS:NINOY) Shares Gap Down – Should You Sell?

Nikon Corp. (OTCMKTS:NINOY) gapped down before the market opened on Friday . The stock had previously closed at $11.40, but opened at $11.00. Nikon shares last traded at $11.42, with a volume of 32 shares changing hands.

Nikon Price Performance

The company has a debt-to-equity ratio of 0.21, a current ratio of 1.97 and a quick ratio of 0.96. The company has a fifty day moving average of $12.71 and a 200 day moving average of $12.50. The firm has a market capitalization of $3.64 billion, a P/E ratio of -5.92 and a beta of 0.48.

Nikon (OTCMKTS:NINOY) last issued its earnings results on Thursday, August 6th. The company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.06. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1 billion. Nikon had a negative return on equity of 15.23% and a negative net margin of 13.88%.

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.