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

Nikon Corp. (OTCMKTS:NINOY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $10.04, but opened at $10.50. Nikon shares last traded at $10.22, with a volume of 318 shares traded.

Nikon Stock Performance

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 market cap of $3.41 billion, a PE ratio of 92.92 and a beta of 0.53. The company's 50-day moving average price is $9.88 and its two-hundred day moving average price is $10.19.

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