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Nikon (OTCMKTS:NINOY) Reaches New 1-Year Low - What's Next?

Nikon logo with Computer and Technology background

Nikon Co. (OTCMKTS:NINOY - Get Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $8.90 and last traded at $9.16, with a volume of 7678 shares trading hands. The stock had previously closed at $9.65.

Nikon Trading Up 16.6 %

The company has a market cap of $3.48 billion, a price-to-earnings ratio of 38.66 and a beta of 0.47. The company's 50 day moving average price is $10.34 and its 200 day moving average price is $10.90. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.96 and a current ratio of 1.88.

Nikon (OTCMKTS:NINOY - Get Free Report) last posted its earnings results 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 anticipate that Nikon Co. will post 0.44 EPS for the current year.

About Nikon

(Get Free Report)

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.

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