Nikon (OTCMKTS:NINOY) Sees Strong Trading Volume – Time to Buy?

Nikon Corp. (OTCMKTS:NINOY) shares saw unusually-strong trading volume on Monday . Approximately 6,288 shares changed hands during mid-day 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 Price Performance

The company has a 50 day moving average price of $12.13 and a 200 day moving average price of $12.00. The company has a market capitalization of $3.80 billion, a price-to-earnings ratio of -6.83 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 released its earnings results on Friday, May 8th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.05). The firm had revenue of $1.24 billion during the quarter, compared to analyst estimates 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.