Nikon (OTCMKTS:NINOY) Shares Gap Down – What’s Next?

Shares of Nikon Corp. (OTCMKTS:NINOY) gapped down before the market opened on Monday . The stock had previously closed at $12.65, but opened at $12.07. Nikon shares last traded at $12.4256, with a volume of 65 shares changing hands.

Nikon Stock Down 1.6%

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 has a market cap of $4.10 billion, a P/E ratio of -6.66 and a beta of 0.50. The stock has a 50 day moving average price of $13.12 and a 200 day moving average price of $12.55.

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

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.