Nikon (OTCMKTS:NINOY) Announces Earnings Results, Misses Expectations By $0.18 EPS

Nikon (OTCMKTS:NINOY) announced its quarterly earnings results on Thursday. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.18), Zacks reports. Nikon had a net margin of 3.61% and a return on equity of 3.81%.

Nikon Stock Down 4.1 %

OTCMKTS:NINOY traded down $0.45 during trading hours on Friday, reaching $10.46. The company’s stock had a trading volume of 9,280 shares, compared to its average volume of 1,226. The business’s 50-day moving average is $10.74 and its 200-day moving average is $10.97. 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 has a one year low of $9.30 and a one year high of $13.07. The company has a market cap of $3.62 billion, a price-to-earnings ratio of 20.92 and a beta of 0.54.

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.