Nikon (OTCMKTS:NINOY) Shares Gap Up - Should You Buy?

Nikon Corp. (OTCMKTS:NINOY - Get Free Report)'s share price 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 trading hands.

Nikon Trading Up 1.7%

The company has a market cap of $3.37 billion, a PE ratio of 91.92 and a beta of 0.53. 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 firm has a fifty day moving average of $9.89 and a two-hundred day moving average of $10.19.

Nikon (OTCMKTS:NINOY - Get Free Report) last posted its 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 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%. As a group, sell-side analysts predict that Nikon Corp. will post 0.44 EPS for the current 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.