Nikon (OTCMKTS:NINOY) Sees Strong Trading Volume - Time to Buy?

Key Points

• Price & volume: Nikon last traded at $12.54 with 971 shares changing hands on Thursday (down 23% from the prior session); the 50‑day and 200‑day moving averages are $12.41 and $11.92, respectively.
• Earnings miss and weak profitability: The company reported a ($1.83) EPS for the quarter, missing estimates by $1.99 and posting revenue of $1.09B versus $1.15B expected, with a negative net margin (12.31%) and negative ROE (13.39%).
• Analyst outlook: Zacks upgraded Nikon from "strong sell" to "hold," the consensus rating is Hold (two analysts), and analysts project 0.44 EPS for the current fiscal year.

Nikon Corp. (OTCMKTS:NINOY - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 971 shares were traded during trading, a decline of 23% from the previous session's volume of 1,255 shares.The stock last traded at $12.54 and had previously closed at $12.25.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Nikon from a "strong sell" rating to a "hold" rating in a report on Monday, January 5th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold".

Nikon Price Performance

The stock's 50-day moving average price is $12.41 and its 200 day moving average price is $11.92. The firm has a market capitalization of $4.00 billion, a price-to-earnings ratio of -7.10 and a beta of 0.57. The company has a quick ratio of 0.83, a current ratio of 1.78 and a debt-to-equity ratio of 0.20.

Nikon (OTCMKTS:NINOY - Get Free Report) last issued its earnings results on Thursday, February 5th. The company reported ($1.83) EPS for the quarter, missing analysts' consensus estimates of $0.16 by ($1.99). The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.15 billion. Nikon had a negative net margin of 12.31% and a negative return on equity of 13.39%. Equities research analysts expect that Nikon Corp. will post 0.44 earnings per share for the current fiscal year.

Nikon Company Profile

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.

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