Nikon (OTCMKTS:NINOY) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Nikon Co. (OTCMKTS:NINOYGet Free Report) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $10.84 and traded as low as $10.42. Nikon shares last traded at $10.46, with a volume of 165 shares.

Nikon Price Performance

The firm has a market capitalization of $3.62 billion, a PE ratio of 20.92 and a beta of 0.54. The company has a current ratio of 1.88, a quick ratio of 0.96 and a debt-to-equity ratio of 0.12. The company has a fifty day moving average price of $10.84 and a two-hundred day moving average price of $10.96.

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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