Nikon (OTCMKTS:NINOY) Sees Large Volume Increase – Still a Buy?

Shares of Nikon Corp. (OTCMKTS:NINOY) saw unusually-strong trading volume on Tuesday . Approximately 20,930 shares traded hands during trading, an increase of 403% from the previous session’s volume of 4,159 shares.The stock last traded at $13.3550 and had previously closed at $12.9250.

Nikon Stock Up 2.8%

The company has a market cap of $4.37 billion, a P/E ratio of -7.86 and a beta of 0.50. The company has a 50 day moving average of $12.12 and a 200-day moving average of $12.03. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.97 and a quick ratio of 0.96.

Nikon (OTCMKTS:NINOY) last posted its quarterly earnings data on Friday, May 8th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.05). The business had revenue of $1.24 billion for 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.