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Nihon Kohden (OTCMKTS:NHNKY) Shares Gap Up - Here's Why

Nihon Kohden logo with Medical background

Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report)'s stock price gapped up prior to trading on Friday . The stock had previously closed at $11.79, but opened at $12.52. Nihon Kohden shares last traded at $12.52, with a volume of 727 shares traded.

Nihon Kohden Price Performance

The company has a market capitalization of $2.03 billion, a PE ratio of 21.22 and a beta of 0.37. The company has a 50 day moving average of $12.17 and a two-hundred day moving average of $13.48.

Nihon Kohden (OTCMKTS:NHNKY - Get Free Report) last released its earnings results on Tuesday, May 13th. The company reported $0.18 EPS 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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