Nikon (OTCMKTS:NINOY) Shares Pass Below Fifty Day Moving Average – Should You Sell?

Shares of Nikon Co. (OTCMKTS:NINOYGet Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $11.12 and traded as low as $10.20. Nikon shares last traded at $11.00, with a volume of 142 shares trading hands.

Nikon Trading Up 8.8 %

The firm has a market cap of $3.81 billion, a price-to-earnings ratio of 22.00 and a beta of 0.54. The company has a fifty day moving average price of $11.12 and a 200-day moving average price of $10.94. The company has a current ratio of 1.88, a quick ratio of 0.96 and a debt-to-equity ratio of 0.12.

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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