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Nikon (OTCMKTS:NINOY) Stock Price Passes Below 50-Day Moving Average - Here's What Happened

Nikon logo with Computer and Technology background

Nikon Co. (OTCMKTS:NINOY - Get Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $10.84 and traded as low as $10.42. Nikon shares last traded at $10.46, with a volume of 165 shares trading hands.

Nikon Trading Down 3.9 %

The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.96 and a current ratio of 1.88. The firm has a market capitalization of $3.62 billion, a P/E ratio of 20.92 and a beta of 0.54. The firm has a 50 day simple moving average of $10.84 and a two-hundred day simple moving average of $10.96.

Nikon Company Profile

(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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