Nikon Corp. (NINOY) Cut to Hold at ValuEngine

Nikon Corp. (OTCMKTS:NINOY) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday, August 4th.

Shares of Nikon Corp. (OTCMKTS NINOY) traded up 0.84% during midday trading on Friday, reaching $16.73. The company had a trading volume of 6,347 shares. The firm has a market capitalization of $6.63 billion, a price-to-earnings ratio of 539.68 and a beta of 0.53. Nikon Corp. has a 52 week low of $13.94 and a 52 week high of $17.90. The stock has a 50-day moving average of $16.74 and a 200 day moving average of $15.51.

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Nikon Corp. Company Profile

NIKON CORPORATION is mainly engaged in the manufacture and sale of image and video equipment. The Company operates in three business segments. The Precision Equipment segment offers semiconductor exposure apparatus and flat panel display (FPD) exposure apparatus products and services. The Video segment provides video related and its peripheral area products and services, such as interchangeable lens type digital cameras, compact digital cameras and interchangeable lenses.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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