Canon (OTCMKTS:CAJPY) Releases Quarterly Earnings Results

Canon (OTCMKTS:CAJPY) posted its quarterly earnings data on Thursday. The company reported $0.82 EPS for the quarter, Zacks reports. Canon had a return on equity of 4.69% and a net margin of 3.59%.

Canon Trading Up 4.9%

Canon stock traded up $1.42 during trading on Thursday, reaching $30.61. The company had a trading volume of 33,731 shares, compared to its average volume of 61,836. The business’s 50-day moving average is $29.78. Canon has a 52 week low of $26.25 and a 52 week high of $34.69. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.38 and a quick ratio of 0.91. The stock has a market capitalization of $28.99 billion, a price-to-earnings ratio of 24.89 and a beta of 0.57.

Canon Company Profile

Canon Inc is a multinational corporation headquartered in Tokyo, Japan, renowned for its imaging and optical products. The company’s core businesses encompass the design, manufacturing, and sale of a broad range of products, including digital cameras, interchangeable lenses, printers, scanners, photocopiers, and multifunction office equipment. Canon also offers medical, industrial, and semiconductor lithography systems, supporting sectors such as healthcare, manufacturing, and electronics.

Founded in 1937 as Precision Optical Instruments Laboratory, Canon initially focused on the development of Japan’s first 35mm focal-plane-shutter camera.