Nikon (OTCMKTS:NINOY) Sets New 1-Year High – Here’s Why

Nikon Co. (OTCMKTS:NINOY)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $12.00 and last traded at $11.95, with a volume of 3912 shares traded. The stock had previously closed at $11.09.

Nikon Stock Performance

The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.02 and a current ratio of 1.89. The firm’s 50 day moving average is $10.50 and its 200-day moving average is $10.41. The company has a market cap of $4.17 billion, a PE ratio of 18.83 and a beta of 0.53.

Nikon (OTCMKTS:NINOY) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.05 earnings per share (EPS) for the quarter. Nikon had a return on equity of 4.87% and a net margin of 4.56%. The firm had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.04 billion. On average, research analysts anticipate that Nikon Co. will post 0.56 earnings per share for the current fiscal 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.