Nikon (OTCMKTS:NINOY) Stock Crosses Below 50-Day Moving Average – Should You Sell?

Nikon Co. (OTCMKTS:NINOY)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $10.54 and traded as low as $9.91. Nikon shares last traded at $10.10, with a volume of 1,313 shares.

Nikon Price Performance

The company has a 50-day simple moving average of $10.54 and a 200-day simple moving average of $10.93. The stock has a market cap of $3.50 billion, a PE ratio of 40.23 and a beta of 0.54. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.88 and a quick ratio of 0.96.

Nikon (OTCMKTS:NINOY) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.06 earnings per share (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%. Sell-side analysts anticipate that Nikon Co. will post 0.44 EPS 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.