Nihon Kohden (OTCMKTS:NHNKY) Shares Gap Down - Should You Sell?

Key Points

• Nihon Kohden Corporation's stock price gapped down 6% before the market opened, starting at $11.80 after closing at $12.54.
• The company's last quarterly earnings reported $0.18 EPS and revenue of $439.11 million, with a return on equity of 7.20%.
• Nihon Kohden's market capitalization stands at $1.95 billion with a price-to-earnings ratio of 20.34.

Shares of Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $12.54, but opened at $11.80. Nihon Kohden shares last traded at $11.80, with a volume of 839 shares trading hands.

Nihon Kohden Stock Performance

The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of 20.70 and a beta of 0.35. The firm has a fifty day moving average price of $12.16 and a 200 day moving average price of $13.16.

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

Nihon Kohden Company Profile

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.