Nikon (OTCMKTS:NINOY) Shares Gap Up – Time to Buy?

Nikon Corp. (OTCMKTS:NINOY)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $13.50, but opened at $14.13. Nikon shares last traded at $14.13, with a volume of 20 shares changing hands.

Nikon Trading Down 0.8%

The business’s 50 day moving average is $13.01 and its two-hundred day moving average is $12.45. The company has a quick ratio of 0.96, a current ratio of 1.97 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $4.41 billion, a P/E ratio of -7.92 and a beta of 0.47.

Nikon (OTCMKTS:NINOY) last announced its earnings results on Friday, May 8th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.05). The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate 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.