ValuEngine lowered shares of Nikon Corp. (OTCMKTS:NINOY) from a buy rating to a hold rating in a report issued on Friday.

Nikon Corp. (NINOY) traded down 2.85% on Friday, reaching $17.39. 23,111 shares of the company traded hands. The stock has a market capitalization of $6.89 billion, a price-to-earnings ratio of 195.39 and a beta of 0.53. The firm has a 50 day moving average price of $16.55 and a 200 day moving average price of $15.45. Nikon Corp. has a 52-week low of $13.94 and a 52-week high of $17.79.

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Nikon Corp. Company Profile

NIKON CORPORATION is mainly engaged in the manufacture and sale of image and video equipment. The Company operates in three business segments. The Precision Equipment segment offers semiconductor exposure apparatus and flat panel display (FPD) exposure apparatus products and services. The Video segment provides video related and its peripheral area products and services, such as interchangeable lens type digital cameras, compact digital cameras and interchangeable lenses.

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