During the afternoon session, Canon moved -7.0%, compared to -1.1% for the S&P 500.
Canon Inc., together with its subsidiaries, manufactures and sells office multifunction devices (MFDs), plain paper copying machines, laser and inkjet printers, cameras, diagnostic equipment, and lithography equipment. Based in Tokyo, Japan the company has 184,034 full time employees and a market cap of $21,457,725,786. The company is now trading -15.48% away from its average analyst target price of $25 per share. The 1 analysts following the stock have set target prices ranging from $25 to $25, and on average give Canon a rating of hold.
Over the last year, CAJ shares have gone down by -4.2%, which represents a difference of 5.6% when compared to the S&P 500. The stock's 52 week high is $25.79 per share and its 52 week low is $20.84. Based on Canon's average gross margin growth of 1.8% over the last four years, its core business remains strong and the stock price may recover in the long term.
|Date Reported||Revenue ($ MM)||Cost of Revenue ($ MM)||Gross Margins (%)||YoY Growth (%)|