Nikon (OTCMKTS:NINOY) Stock Price Passes Below 50 Day Moving Average of $10.53

Shares of Nikon Co. (OTCMKTS:NINOY) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $10.53 and traded as low as $10.00. Nikon shares last traded at $10.32, with a volume of 1,673 shares.

Nikon Trading Up 0.4 %

The business has a 50 day simple moving average of $10.53 and a 200-day simple moving average of $10.39. The stock has a market capitalization of $3.57 billion, a price-to-earnings ratio of 16.12 and a beta of 0.54. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.89 and a quick ratio of 1.02.

Nikon (OTCMKTS:NINOY) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.04 billion. Nikon had a return on equity of 4.87% and a net margin of 4.56%. As a group, equities analysts expect that Nikon Co. will post 0.57 earnings per share for the current 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.