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Nihon Kohden (OTCMKTS:NHNKY) Shares Gap Up - Should You Buy?

Nihon Kohden logo with Medical background

Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $11.36, but opened at $12.85. Nihon Kohden shares last traded at $12.28, with a volume of 572 shares traded.

Nihon Kohden Trading Up 8.1%

The firm has a market cap of $2.10 billion, a price-to-earnings ratio of 21.92 and a beta of 0.35. The company's 50-day moving average is $12.19 and its 200-day moving average is $13.31.

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 (EPS) for the quarter. Nihon Kohden had a net margin of 6.23% and a return on equity of 7.20%. The firm had revenue of $439.11 million during the quarter.

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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