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

Nikon Corp. (OTCMKTS:NINOY - Get Free Report)'s stock 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.

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 $3.32 billion, a PE ratio of 90.36 and a beta of 0.53. The firm's 50-day moving average is $9.88 and its 200 day moving average is $10.19.

Nikon (OTCMKTS:NINOY - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.16). Nikon had a net margin of 0.85% and a return on equity of 0.90%. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $201.19 billion. As a group, research analysts anticipate 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.