Nikon (OTCMKTS:NINOY) Trading Down 0.6% – Here’s Why

Nikon Co. (OTCMKTS:NINOYGet Free Report) dropped 0.6% on Wednesday . The stock traded as low as $10.40 and last traded at $10.44. Approximately 1,624 shares traded hands during trading, an increase of 9% from the average daily volume of 1,485 shares. The stock had previously closed at $10.50.

Nikon Price Performance

The company has a quick ratio of 0.96, a current ratio of 1.88 and a debt-to-equity ratio of 0.12. The stock has a fifty day moving average of $11.35 and a 200-day moving average of $10.94. The stock has a market capitalization of $3.62 billion, a price-to-earnings ratio of 20.88 and a beta of 0.54.

About Nikon

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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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