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Nihon Kohden (OTCMKTS:NHNKY) Sees Strong Trading Volume - Should You Buy?

Nihon Kohden logo with Medical background

Shares of Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 6,133 shares were traded during trading, an increase of 12% from the previous session's volume of 5,492 shares.The stock last traded at $11.49 and had previously closed at $13.72.

Nihon Kohden Price Performance

The company has a fifty day moving average of $12.25 and a 200 day moving average of $13.40. The firm has a market capitalization of $2.19 billion, a P/E ratio of 22.83 and a beta of 0.35.

Nihon Kohden (OTCMKTS:NHNKY - Get Free Report) last announced its earnings results on Tuesday, May 13th. The company reported $0.18 EPS for the quarter. Nihon Kohden had a return on equity of 7.20% and a net margin of 6.23%. 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.

Further Reading

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