Nihon Kohden (OTCMKTS:NHNKY) Shares Gap Down - Time to Sell?

Key Points

• Nihon Kohden Corporation's shares gapped down at market opening, falling from a previous close of $11.95 to open at $11.27.
• The company's recent earnings report indicated an EPS of $0.01 for the quarter, with revenues of $346.24 million and a net margin of 5.77%.
• As of the latest data, Nihon Kohden has a market capitalization of $2.04 billion and a price-to-earnings ratio of 22.13.

Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $11.95, but opened at $11.27. Nihon Kohden shares last traded at $11.27, with a volume of 245 shares traded.

Nihon Kohden Price Performance

The business's 50-day moving average price is $11.62 and its 200 day moving average price is $11.96. The firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of 22.13 and a beta of 0.41.

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

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