Nikon (OTCMKTS:NINOY) Sees Strong Trading Volume – Here’s What Happened

Nikon Corp. (OTCMKTS:NINOY) saw an uptick in trading volume on Monday . 6,288 shares changed hands during trading, an increase of 65% from the previous session’s volume of 3,806 shares.The stock last traded at $11.6450 and had previously closed at $11.85.

Nikon Stock Down 2.4%

The business’s fifty day moving average price is $12.10 and its 200 day moving average price is $12.00. The firm has a market capitalization of $3.70 billion, a price-to-earnings ratio of -6.65 and a beta of 0.50. The company has a current ratio of 1.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.21.

Nikon (OTCMKTS:NINOY) last issued its quarterly earnings data on Friday, May 8th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.05). The business had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.17 billion. Nikon had a negative return on equity of 13.46% and a negative net margin of 12.40%.

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.