Nihon Kohden (OTCMKTS:NHNKY) Sees Unusually-High Trading Volume - Here's Why

Key Points

• Nihon Kohden Corporation (OTCMKTS:NHNKY) experienced a significant trading volume increase of 182%, with 15,661 shares changing hands during mid-day trading.
• The stock price rose by 1.7% to $11.80, compared to a previous close of $11.20, while the company reported a net margin of 5.77% and a return on equity of 6.74%.
• Nihon Kohden's market capitalization stands at $1.95 billion with a P/E ratio of 21.10, and it specializes in medical electronic equipment and systems.

Shares of Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report) saw an uptick in trading volume on Wednesday . 15,661 shares traded hands during trading, an increase of 182% from the previous session's volume of 5,562 shares.The stock last traded at $11.80 and had previously closed at $11.20.

Nihon Kohden Trading Up 0.0%

The firm has a market cap of $1.96 billion, a P/E ratio of 21.21 and a beta of 0.40. The company's 50 day simple moving average is $11.80 and its 200-day simple moving average is $12.61.

Nihon Kohden (OTCMKTS:NHNKY - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.01 earnings per share for the quarter. Nihon Kohden had a net margin of 5.77% and a return on equity of 6.74%. The firm had revenue of $346.24 million for the quarter.

About Nihon Kohden

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.