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Nihon Kohden (OTCMKTS:NHNKY) Sees Strong Trading Volume - Time to Buy?

Nihon Kohden logo with Medical background

Key Points

  • Nihon Kohden Corporation experienced a significant increase in trading volume, with approximately 31,517 shares traded, marking a 471% rise from the prior session.
  • The stock is currently priced at $11.77, with a market capitalization of $2.03 billion and a P/E ratio of 21.95.
  • In its latest quarterly report, Nihon Kohden posted earnings of $0.01 per share and revenue of $346.24 million.
  • MarketBeat previews top five stocks to own in October.

Shares of Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report) saw unusually-high trading volume on Monday . Approximately 31,517 shares were traded during mid-day trading, an increase of 471% from the previous session's volume of 5,518 shares.The stock last traded at $11.77 and had previously closed at $11.62.

Nihon Kohden Trading Up 2.1%

The stock has a market cap of $2.03 billion, a P/E ratio of 21.95 and a beta of 0.40. The company has a 50 day simple moving average of $11.67 and a 200 day simple moving average of $12.47.

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

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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