Nikon Co. (OTCMKTS:NINOY) Short Interest Update

Nikon Co. (OTCMKTS:NINOY) saw a large decline in short interest in February. As of February 28th, there was short interest totalling 800 shares, a decline of 42.9% from the February 13th total of 1,400 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 2,900 shares, the short-interest ratio is currently 0.3 days.

Nikon Stock Up 2.9 %

OTCMKTS NINOY traded up $0.31 on Friday, hitting $11.11. 304 shares of the stock were exchanged, compared to its average volume of 2,247. The company has a 50-day moving average price of $10.48 and a 200-day moving average price of $10.91. Nikon has a fifty-two week low of $9.30 and a fifty-two week high of $13.07. 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 company has a market cap of $3.85 billion, a PE ratio of 42.74 and a beta of 0.47.

Nikon (OTCMKTS:NINOY) last issued its earnings results on Thursday, February 6th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.18). Nikon had a net margin of 1.98% and a return on equity of 2.01%. Sell-side analysts anticipate that Nikon will post 0.44 EPS for the current fiscal year.

About Nikon

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.