Nikon (OTCMKTS:NINOY) Shares Up 9.8% – Should You Buy?

Shares of Nikon Corp. (OTCMKTS:NINOY) shot up 9.8% on Wednesday . The stock traded as high as $12.92 and last traded at $12.92. 300 shares changed hands during trading, a decline of 93% from the average session volume of 4,606 shares. The stock had previously closed at $11.7640.

Nikon Price Performance

The stock has a market cap of $4.13 billion, a PE ratio of -7.42 and a beta of 0.50. The stock’s fifty day moving average is $12.92 and its 200-day moving average is $12.51. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.97 and a quick ratio of 0.96.

Nikon (OTCMKTS:NINOY) last posted its earnings results on Friday, May 8th. The company reported $0.02 earnings per share 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 13.46%. The firm had revenue of $1.24 billion during the quarter, compared to analyst estimates 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.