Nikon (OTCMKTS:NINOY) Reaches New 12-Month High – Here’s What Happened

Nikon Corp. (OTCMKTS:NINOY) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $13.00 and last traded at $13.00, with a volume of 20 shares traded. The stock had previously closed at $12.72.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Nikon from a “strong sell” rating to a “hold” rating in a report on Monday, January 5th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold”.

Nikon Trading Up 0.4%

The company has a current ratio of 1.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.18. The firm has a market cap of $4.12 billion, a PE ratio of -7.32 and a beta of 0.59. The company’s 50-day moving average is $11.81 and its 200 day moving average is $11.52.

Nikon (OTCMKTS:NINOY) last posted its quarterly earnings data on Thursday, February 5th. The company reported ($1.83) earnings per share for the quarter, missing the consensus estimate of $0.16 by ($1.99). The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Nikon had a negative return on equity of 12.92% and a negative net margin of 12.31%. As a group, sell-side analysts predict that Nikon Corp. will post 0.44 EPS for the current year.

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.