Nikon (OTCMKTS:NINOY) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Nikon Co. (OTCMKTS:NINOYGet Free Report)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $10.89 and traded as low as $10.82. Nikon shares last traded at $10.87, with a volume of 1,146 shares.

Nikon Stock Up 0.8 %

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 capitalization of $3.76 billion, a price-to-earnings ratio of 21.73 and a beta of 0.50. The business’s 50-day moving average is $11.79 and its 200-day moving average is $10.89.

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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