Nikon (OTCMKTS:NINOY) Stock Price Up 8.5% – Here’s Why

Nikon Corp. (OTCMKTS:NINOY) shares were up 8.5% on Thursday . The stock traded as high as $14.75 and last traded at $14.40. Approximately 1,318 shares were traded during trading, a decline of 68% from the average session volume of 4,149 shares. The stock had previously closed at $13.27.

Nikon Stock Performance

The firm has a market cap of $4.59 billion, a PE ratio of -8.25 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. The firm’s 50 day simple moving average is $12.24 and its 200 day simple moving average is $12.11.

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