Nikon (OTCMKTS:NINOY) Stock Crosses Below Fifty Day Moving Average – Here’s Why

Nikon Co. (OTCMKTS:NINOYGet Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $11.12 and traded as low as $10.20. Nikon shares last traded at $11.00, with a volume of 142 shares.

Nikon Price Performance

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 stock has a fifty day simple moving average of $11.07 and a two-hundred day simple moving average of $10.95. The company has a market cap of $3.66 billion, a PE ratio of 21.15 and a beta of 0.54.

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.

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