Nikon Co. (OTCMKTS:NINOY) Short Interest Down 25.0% in March

Nikon Co. (OTCMKTS:NINOY) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 600 shares, a decline of 25.0% from the February 28th total of 800 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 8,900 shares, the short-interest ratio is currently 0.1 days.

Nikon Trading Down 1.6 %

Shares of NINOY stock opened at $10.36 on Friday. Nikon has a fifty-two week low of $9.30 and a fifty-two week high of $13.07. The stock’s fifty day moving average price is $10.54 and its two-hundred day moving average price is $10.94. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.96 and a current ratio of 1.88. The company has a market cap of $3.59 billion, a PE ratio of 39.85 and a beta of 0.47.

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