Nikon (OTCMKTS:NINOY) Stock Price Down 6.7% – Should You Sell?

Nikon Corp. (OTCMKTS:NINOY)’s stock price traded down 6.7% during trading on Wednesday . The stock traded as low as $11.90 and last traded at $11.90. 9 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 1,375 shares. The stock had previously closed at $12.75.

Wall Street Analyst Weigh In

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

Nikon Stock Performance

The firm has a market capitalization of $4.20 billion, a price-to-earnings ratio of -7.46 and a beta of 0.57. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.83 and a current ratio of 1.78. The stock’s fifty day moving average is $12.37 and its two-hundred day moving average is $11.90.

Nikon (OTCMKTS:NINOY) last issued its quarterly earnings data on Thursday, February 5th. The company reported ($1.83) EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($1.99). The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.15 billion. Nikon had a negative return on equity of 13.39% and a negative net margin of 12.31%. Analysts forecast that Nikon Corp. will post 0.44 earnings per share 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.