Canon, Inc. (OTCMKTS:CAJPY - Get Free Report) shares reached a new 52-week low during mid-day trading on Friday . The company traded as low as $25.30 and last traded at $25.77, with a volume of 72657 shares changing hands. The stock had previously closed at $27.97.
Canon Stock Down 7.9%
The firm has a market capitalization of $22.64 billion, a PE ratio of 10.56 and a beta of 0.63. The firm's 50 day moving average price is $28.48 and its two-hundred day moving average price is $29.30. The company has a quick ratio of 1.04, a current ratio of 1.54 and a debt-to-equity ratio of 0.08.
Canon (OTCMKTS:CAJPY - Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The company reported $0.35 earnings per share for the quarter. Canon had a net margin of 7.17% and a return on equity of 9.29%. As a group, research analysts forecast that Canon, Inc. will post 2.53 EPS for the current fiscal year.
Canon Company Profile
(
Get Free Report)
Canon Inc is a multinational corporation headquartered in Tokyo, Japan, renowned for its imaging and optical products. The company's core businesses encompass the design, manufacturing, and sale of a broad range of products, including digital cameras, interchangeable lenses, printers, scanners, photocopiers, and multifunction office equipment. Canon also offers medical, industrial, and semiconductor lithography systems, supporting sectors such as healthcare, manufacturing, and electronics.
Founded in 1937 as Precision Optical Instruments Laboratory, Canon initially focused on the development of Japan's first 35mm focal-plane-shutter camera.
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