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

Nikon Corp. (OTCMKTS:NINOY - Get Free Report)'s stock price gapped up prior to trading 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.

Nikon Trading Up 1.1%

The stock's 50 day moving average is $9.94 and its two-hundred day moving average is $10.26. The company has a market capitalization of $3.26 billion, a PE ratio of 88.77 and a beta of 0.52. The company has a quick ratio of 1.02, a current ratio of 2.03 and a debt-to-equity ratio of 0.19.

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

About Nikon

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.