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Nihon Kohden (OTCMKTS:NHNKY) Shares Gap Down - Here's What Happened

Nihon Kohden logo with Medical background

Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $13.25, but opened at $12.52. Nihon Kohden shares last traded at $12.52, with a volume of 508 shares trading hands.

Nihon Kohden Stock Performance

The firm has a market capitalization of $2.00 billion, a price-to-earnings ratio of 20.86 and a beta of 0.37. The business's 50-day moving average is $12.15 and its two-hundred day moving average is $13.50.

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 business had revenue of $439.11 million for the quarter. Nihon Kohden had a net margin of 6.23% and a return on equity of 7.20%.

Nihon Kohden Company Profile

(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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