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Nikon (OTCMKTS:NINOY) Share Price Passes Below Fifty Day Moving Average - Should You Sell?

Nikon logo with Computer and Technology background

Nikon Co. (OTCMKTS:NINOY - Get Free Report) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $10.25 and traded as low as $10.08. Nikon shares last traded at $10.68, with a volume of 527 shares.

Nikon Trading Up 3.4 %

The company has a current ratio of 1.88, a quick ratio of 0.96 and a debt-to-equity ratio of 0.12. The company has a fifty day moving average price of $10.27 and a two-hundred day moving average price of $10.88. The firm has a market capitalization of $3.48 billion, a price-to-earnings ratio of 40.14 and a beta of 0.47.

Nikon (OTCMKTS:NINOY - Get Free Report) last announced its earnings results on Thursday, February 6th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.18). Nikon had a net margin of 1.98% and a return on equity of 2.01%. As a group, research analysts forecast that Nikon Co. will post 0.44 earnings per share for the current fiscal year.

About Nikon

(Get Free Report)

Nikon Corporation manufactures and sells optical instruments in Japan, North America, Europe, China, Thailand, and internationally. It operates through Imaging Products Business, Precision Equipment Business, Healthcare Business, Components Business, and Industrial equipment and Others segments. The Imaging Products Business segment provides digital SLR cameras, compact digital cameras, and interchangeable camera lenses.

Further Reading

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