Nikon (OTCMKTS:NINOY) Stock Price Down 6.7% - Here's Why

Key Points

• Shares fell 6.7% to $11.90 on Wednesday with only 9 shares traded—about a 99% decline from the stock's average session volume—indicating extremely thin trading.
• Nikon posted a steep quarterly miss, reporting ($1.83) EPS versus a $0.16 consensus and revenue of $1.09B versus $1.15B expected, and showed a negative net margin (12.31%) and negative return on equity (13.39%).
• Analyst sentiment has improved slightly—Zacks upgraded Nikon from "strong sell" to "hold" and the consensus rating is "Hold" (two analysts); analysts expect roughly 0.44 EPS for the current year.

Shares of Nikon Corp. (OTCMKTS:NINOY - Get Free Report) fell 6.7% during trading on Wednesday . The stock traded as low as $11.90 and last traded at $11.90. 9 shares traded hands during trading, a decline of 99% from the average session volume of 1,375 shares. The stock had previously closed at $12.75.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Nikon from a "strong sell" rating to a "hold" rating in a report on Monday, January 5th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of "Hold".

Nikon Price Performance

The stock has a fifty day moving average price of $12.37 and a 200-day moving average price of $11.90. The firm has a market cap of $4.20 billion, a PE ratio of -7.46 and a beta of 0.57. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.83 and a current ratio of 1.78.

Nikon (OTCMKTS:NINOY - Get Free Report) last posted its quarterly earnings results on Thursday, February 5th. The company reported ($1.83) EPS for the quarter, missing the consensus estimate of $0.16 by ($1.99). The business had revenue of $1.09 billion during the quarter, compared to analysts' expectations of $1.15 billion. Nikon had a negative net margin of 12.31% and a negative return on equity of 13.39%. Research analysts expect that Nikon Corp. will post 0.44 EPS for the current year.

Nikon Company Profile

Nikon Corporation is a Tokyo‐based multinational company specializing in the design and manufacture of optics and imaging products. Since its founding in 1917 as Nippon Kogaku K.K., Nikon has built a global reputation for precision optical and imaging technologies. The company operates across multiple segments, including Digital Imaging, Precision Equipment, Healthcare, and Industrial Metrology, serving both consumer and industrial markets.

In its Digital Imaging division, Nikon produces a wide range of cameras—from entry­-level point-and-shoot models to professional DSLRs and mirrorless systems—supported by an extensive lineup of NIKKOR interchangeable lenses and accessories.

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