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Nihon Kohden (OTCMKTS:NHNKY) Shares Gap Up - Time to Buy?

Nihon Kohden logo with Medical background

Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report)'s stock price gapped up prior to trading on Thursday . The stock had previously closed at $11.81, but opened at $12.30. Nihon Kohden shares last traded at $13.01, with a volume of 2,535 shares changing hands.

Nihon Kohden Trading Up 16.2%

The stock has a market capitalization of $2.35 billion, a P/E ratio of 24.50 and a beta of 0.35. The company's 50-day moving average is $12.25 and its two-hundred day moving average is $13.41.

Nihon Kohden (OTCMKTS:NHNKY - Get Free Report) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $0.18 earnings per share for the quarter. The firm 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%.

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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