Nikon (OTCMKTS:NINOY) Trading 15.4% Higher – Here’s What Happened

Nikon Corp. (OTCMKTS:NINOY)’s share price was up 15.4% on Friday . The company traded as high as $13.26 and last traded at $13.00. Approximately 337 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 3,957 shares. The stock had previously closed at $11.2640.

Nikon Price Performance

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 company has a market capitalization of $4.16 billion, a PE ratio of -7.47 and a beta of 0.50. The stock’s 50-day moving average is $12.11 and its two-hundred day moving average is $12.01.

Nikon (OTCMKTS:NINOY) last posted 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). Nikon had a negative return on equity of 13.46% and a negative net margin of 12.40%.The firm had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.17 billion.

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.