Short Interest in Nikon Co. (OTCMKTS:NINOY) Decreases By 50.0%

Nikon Co. (OTCMKTS:NINOY - Get Free Report) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 300 shares, a decrease of 50.0% from the March 31st total of 600 shares. Based on an average trading volume of 8,800 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company's shares are short sold.

Nikon Trading Up 1.7 %

Nikon stock traded up $0.17 during trading hours on Friday, reaching $9.88. 1,976 shares of the company's stock were exchanged, compared to its average volume of 2,143. The firm has a market capitalization of $3.29 billion, a PE ratio of 37.98 and a beta of 0.47. The company has a quick ratio of 0.96, a current ratio of 1.88 and a debt-to-equity ratio of 0.12. The firm's 50 day simple moving average is $10.26 and its 200 day simple moving average is $10.80. Nikon has a twelve month low of $8.50 and a twelve month high of $13.07.

Nikon (OTCMKTS:NINOY - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.18). Nikon had a return on equity of 2.01% and a net margin of 1.98%. Research analysts predict that Nikon will post 0.44 earnings per share 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.