Nikon (OTCMKTS:NINOY) Shares Gap Up - Here's What Happened

Nikon Corp. (OTCMKTS:NINOY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $10.10, but opened at $10.43. Nikon shares last traded at $10.43, with a volume of 2 shares changing hands.

Nikon Stock Down 0.8%

The company has a current ratio of 2.03, a quick ratio of 1.02 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $3.34 billion, a P/E ratio of 91.10 and a beta of 0.52. The business has a 50-day moving average price of $9.94 and a 200 day moving average price of $10.30.

Nikon (OTCMKTS:NINOY - Get Free Report) last issued its quarterly 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 during the quarter, compared to the consensus estimate of $201.19 billion. Nikon had a return on equity of 0.90% and a net margin of 0.85%. On average, equities analysts expect that Nikon Corp. will post 0.44 EPS 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.

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