Nikon Co. (OTCMKTS:NINOY) Short Interest Update

Nikon Co. (OTCMKTS:NINOY) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 7,000 shares, a decrease of 22.2% from the March 31st total of 9,000 shares. Based on an average daily trading volume, of 7,100 shares, the days-to-cover ratio is presently 1.0 days.

Nikon Stock Performance

Shares of Nikon stock traded down $0.15 during trading hours on Tuesday, reaching $10.25. 6,657 shares of the stock traded hands, compared to its average volume of 11,491. The company has a quick ratio of 1.09, a current ratio of 2.00 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $3.55 billion, a price-to-earnings ratio of 17.05 and a beta of 0.56. Nikon has a one year low of $8.85 and a one year high of $13.65. The company has a 50 day moving average price of $10.26 and a 200 day moving average price of $9.91.

Nikon (OTCMKTS:NINOY) last posted its quarterly earnings data on Thursday, February 8th. The company reported $0.30 EPS for the quarter. Nikon had a net margin of 4.27% and a return on equity of 4.68%. The business had revenue of $1.34 billion during the quarter. On average, equities research analysts expect that Nikon will post 0.57 earnings per share for the current fiscal year.

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.