Nikon Corp. (OTCMKTS:NINOY – Get Free Report) was the recipient of a large drop in short interest in June. As of June 30th, there was short interest totaling 3,364 shares, a drop of 79.7% from the June 15th total of 16,557 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 10,970 shares, the days-to-cover ratio is currently 0.3 days.
Nikon Price Performance
NINOY traded down $0.06 on Monday, hitting $14.04. 805 shares of the company’s stock were exchanged, compared to its average volume of 4,125. The stock has a market cap of $4.62 billion, a price-to-earnings ratio of -8.31 and a beta of 0.47. The company has a current ratio of 1.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.21. The firm has a 50-day moving average price of $12.78 and a 200-day moving average price of $12.30. Nikon has a fifty-two week low of $9.09 and a fifty-two week high of $15.00.
Nikon (OTCMKTS:NINOY – Get Free Report) last announced its quarterly earnings results on Friday, May 8th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.05). The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.17 billion. Nikon had a negative net margin of 12.40% and a negative return on equity of 13.46%.
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.
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