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 $10.22, but opened at $9.86. Nikon shares last traded at $10.03, with a volume of 427 shares traded.

Nikon Stock Up 1.7%

The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.02 and a current ratio of 2.03. The stock has a 50 day moving average price of $9.89 and a 200 day moving average price of $10.18. The company has a market cap of $3.37 billion, a P/E ratio of 91.92 and a beta of 0.53.

Nikon (OTCMKTS:NINOY - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $0.00 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.16 by ($0.16). The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $201.19 billion. Nikon had a return on equity of 0.90% and a net margin of 0.85%. Research analysts expect that Nikon Corp. will post 0.44 earnings per share for the current fiscal 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.