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Nihon Kohden (OTCMKTS:NHNKY) Sees Large Volume Increase - Time to Buy?

Nihon Kohden logo with Medical background

Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report) shares saw an uptick in trading volume on Monday . 6,133 shares traded hands 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 Stock Up 2.9%

The firm has a market capitalization of $2.13 billion, a P/E ratio of 22.29 and a beta of 0.35. The business has a 50-day moving average price of $12.21 and a 200-day moving average price of $13.35.

Nihon Kohden (OTCMKTS:NHNKY - Get Free Report) last announced its quarterly earnings results on Tuesday, May 13th. The company reported $0.18 earnings per share for the quarter. The firm had revenue of $439.11 million for the quarter. Nihon Kohden had a return on equity of 7.20% and a net margin of 6.23%.

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.

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