Nikon Corp. (OTCMKTS:NINOY) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday.

Nikon Corp. (OTCMKTS NINOY) traded down 2.85% on Friday, reaching $17.39. 23,111 shares of the company traded hands. The firm has a 50 day moving average of $16.55 and a 200-day moving average of $15.45. The stock has a market capitalization of $6.89 billion, a PE ratio of 195.39 and a beta of 0.53. Nikon Corp. has a one year low of $13.94 and a one year high of $17.79.

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About Nikon Corp.

NIKON CORPORATION is mainly engaged in the manufacture and sale of image and video equipment. The Company operates in three business segments. The Precision Equipment segment offers semiconductor exposure apparatus and flat panel display (FPD) exposure apparatus products and services. The Video segment provides video related and its peripheral area products and services, such as interchangeable lens type digital cameras, compact digital cameras and interchangeable lenses.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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