Free Trial

Nikon (OTCMKTS:NINOY) Shares Cross Below Fifty Day Moving Average - What's Next?

Nikon logo with Computer and Technology background

Nikon Co. (OTCMKTS:NINOY - Get Free Report)'s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $10.25 and traded as low as $10.08. Nikon shares last traded at $10.68, with a volume of 527 shares traded.

Nikon Price Performance

The company has a market capitalization of $3.48 billion, a PE ratio of 40.14 and a beta of 0.47. The company has a current ratio of 1.88, a quick ratio of 0.96 and a debt-to-equity ratio of 0.12. The company's 50 day moving average price is $10.27 and its 200-day moving average price is $10.88.

Nikon (OTCMKTS:NINOY - Get Free Report) last posted its earnings results on Thursday, February 6th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.24 by ($0.18). Nikon had a return on equity of 2.01% and a net margin of 1.98%. On average, sell-side analysts forecast that Nikon Co. will post 0.44 earnings per share for the current fiscal year.

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.

See Also

Should You Invest $1,000 in Nikon Right Now?

Before you consider Nikon, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nikon wasn't on the list.

While Nikon currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir’s Big Week Reveals a Rare Growth Story in a Shaky Market
Buy the Fear: 3 Down Stocks That Could 10x Your Profits
Congress Bought THESE Stocks as Tariffs Tanked the Market

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines