Nikon Corp. (OTCMKTS:NINOY) Short Interest Update
by Michael Walen · The Markets DailyNikon Corp. (OTCMKTS:NINOY – Get Free Report) was the recipient of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 2,503 shares, a growth of 174.2% from the January 29th total of 913 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 3,181 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily trading volume, of 3,181 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.0% of the company’s stock are short sold.
Nikon Stock Performance
Shares of NINOY stock traded down $0.15 during trading hours on Thursday, reaching $12.58. The company had a trading volume of 657 shares, compared to its average volume of 1,779. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.89 and a current ratio of 1.78. The business has a fifty day moving average price of $11.93 and a 200-day moving average price of $11.61. Nikon has a one year low of $8.50 and a one year high of $13.00. The firm has a market cap of $4.14 billion, a PE ratio of -7.36 and a beta of 0.59.
Nikon (OTCMKTS:NINOY – Get Free Report) last posted its earnings results on Thursday, February 5th. The company reported ($1.83) EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($1.99). The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.15 billion. Nikon had a negative return on equity of 13.39% and a negative net margin of 12.31%. Sell-side analysts predict that Nikon will post 0.44 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded shares of Nikon from a “strong sell” rating to a “hold” rating in a report on Monday, January 5th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Nikon currently has an average rating of “Hold”.
Read Our Latest Analysis on NINOY
About Nikon
Nikon Corporation is a Tokyo‐based multinational company specializing in the design and manufacture of optics and imaging products. Since its founding in 1917 as Nippon Kogaku K.K., Nikon has built a global reputation for precision optical and imaging technologies. The company operates across multiple segments, including Digital Imaging, Precision Equipment, Healthcare, and Industrial Metrology, serving both consumer and industrial markets.
In its Digital Imaging division, Nikon produces a wide range of cameras—from entry-level point-and-shoot models to professional DSLRs and mirrorless systems—supported by an extensive lineup of NIKKOR interchangeable lenses and accessories.