Nikon Co. (OTCMKTS:NINOY) Short Interest Update

Nikon Co. (OTCMKTS:NINOY) was the target of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 800 shares, an increase of 14.3% from the January 15th total of 700 shares. Based on an average daily trading volume, of 2,100 shares, the days-to-cover ratio is currently 0.4 days.

Nikon Stock Down 0.6 %

Shares of Nikon stock traded down $0.06 during trading hours on Friday, hitting $10.10. 1,313 shares of the company’s stock traded hands, compared to its average volume of 1,514. The company has a market cap of $3.50 billion, a PE ratio of 40.23 and a beta of 0.54. Nikon has a twelve month low of $9.30 and a twelve month 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 stock has a 50 day simple moving average of $10.54 and a 200-day simple moving average of $10.93.

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