Nihon Kohden Co. (OTCMKTS:NHNKY - Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 5,200 shares, an increase of 57.6% from the May 15th total of 3,300 shares. Currently, 0.0% of the company's shares are sold short. Based on an average daily volume of 11,900 shares, the short-interest ratio is presently 0.4 days.
Nihon Kohden Stock Performance
NHNKY stock traded up $0.46 during midday trading on Friday, reaching $13.24. 3,567 shares of the company traded hands, compared to its average volume of 5,721. Nihon Kohden has a 52-week low of $9.86 and a 52-week high of $20.00. The business has a 50 day moving average of $12.08 and a 200-day moving average of $13.58. The firm has a market capitalization of $2.26 billion, a price-to-earnings ratio of 19.47 and a beta of 0.37.
Nihon Kohden (OTCMKTS:NHNKY - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $0.18 earnings per share (EPS) for the quarter. Nihon Kohden had a return on equity of 15.08% and a net margin of 7.71%. The business had revenue of $439.11 million for the quarter.
About Nihon Kohden
(
Get Free Report)
Nihon Kohden Corporation engages in development, manufacturing, sale, maintenance, and consultation of medical electronic equipment, and related systems and products in Japan, Americas, Europe, rest of Asia, and internationally. It offers physiological measuring equipment comprising electrocardiographs, electroencephalographs, and polygraphs for Cath-labs; patient monitoring systems, such as beside and central monitors; and treatment equipment including defibrillators, automated external defibrillators, ventilators, and pacemakers.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Nihon Kohden, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nihon Kohden wasn't on the list.
While Nihon Kohden currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
