Nikon (OTCMKTS:NINOY) Shares Gap Down - What's Next?

Nikon Corp. (OTCMKTS:NINOY - Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $9.46, but opened at $9.12. Nikon shares last traded at $9.61, with a volume of 235 shares.

Nikon Stock Up 1.9%

The company has a fifty day simple moving average of $9.86 and a 200-day simple moving average of $10.15. The company has a quick ratio of 1.02, a current ratio of 2.03 and a debt-to-equity ratio of 0.19. The firm has a market cap of $3.16 billion, a P/E ratio of 86.05 and a beta of 0.53.

Nikon (OTCMKTS:NINOY - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.00 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.16). Nikon had a net margin of 0.85% and a return on equity of 0.90%. The business had revenue of $1.41 billion during the quarter, compared to analysts' expectations of $201.19 billion. On average, equities analysts anticipate that Nikon Corp. will post 0.44 earnings per share for the current year.

Nikon Company Profile

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.