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

Nihon Kohden logo with Medical background

Shares of Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report) gapped up prior to trading 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 Down 2.7%

The company's 50 day moving average price is $12.21 and its two-hundred day moving average price is $13.29. The firm has a market cap of $2.13 billion, a PE ratio of 22.25 and a beta of 0.35.

Nihon Kohden (OTCMKTS:NHNKY - Get Free Report) last issued 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.

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