Nikon (OTCMKTS:NINOY) Posts Earnings Results

Nikon (OTCMKTS:NINOY) released its quarterly earnings results on Thursday. The company reported ($1.83) earnings per share (EPS) for the quarter, Zacks reports. Nikon had a net margin of 1.25% and a return on equity of 1.33%.

Nikon Trading Down 7.5%

Shares of Nikon stock traded down $0.93 during trading on Thursday, hitting $11.43. 528 shares of the company were exchanged, compared to its average volume of 2,316. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.89 and a quick ratio of 0.89. The firm has a market capitalization of $3.76 billion, a P/E ratio of 63.47 and a beta of 0.59. The firm’s fifty day moving average price is $11.65 and its 200 day moving average price is $11.32. Nikon has a 1-year low of $8.50 and a 1-year high of $13.00.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Nikon from a “strong sell” rating to a “hold” rating in a research note on Monday, January 5th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Nikon presently has a consensus rating of “Hold”.

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.