JPMorgan downgraded Nikon (OTCMKTS:NINOY) from Neutral to Underweight in a statement released earlier today.
- Updated: October 19, 2016
JPMorgan has downgraded Nikon (OTCMKTS:NINOY) from Neutral to Underweight in a statement released on Wednesday October 19, 2016.
Just yesterday Nikon (OTCMKTS:NINOY) traded -1.45% lower at $15.20. Nikon’s 50-day moving average is $14.89 and its 200-day moving average is $14.47. The last stock price is up 3.54% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was up over the average, with 25,945 shares of NINOY changing hands over the typical 7,180
Nikon has a 52 week low of $12.70 and a one year high of $16.50 with a price-earnings ratio of 20.33 NINOY’s market capitalization is currently $0.
Brief Synopsis On Nikon (OTCMKTS:NINOY)
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. The Instruments segment offers microscopes, measuring machines and semiconductor inspection equipment and others. As of March 31, 2014, the Company had 83 subsidiaries and 10 associated companies.
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