Nikon (OTCMKTS:NINOY) Shares Gap Up - Time to Buy?

Nikon Corp. (OTCMKTS:NINOY - Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $9.71, but opened at $10.11. Nikon shares last traded at $10.11, with a volume of 1 shares trading hands.

Nikon Stock Up 3.2%

The company has a market capitalization of $3.34 billion, a P/E ratio of 91.10 and a beta of 0.52. The stock has a 50-day moving average price of $9.89 and a 200-day moving average price of $10.23. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.03 and a quick ratio of 1.02.

Nikon (OTCMKTS:NINOY - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.00 earnings per share for the quarter, missing the consensus estimate 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%. On average, research 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.