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Nihon Kohden (OTCMKTS:NHNKY) Stock Price Up 13.9% - Here's What Happened

Nihon Kohden logo with Medical background

Nihon Kohden Co. (OTCMKTS:NHNKY - Get Free Report) shares shot up 13.9% during mid-day trading on Wednesday . The company traded as high as $12.55 and last traded at $12.44. 5,216 shares traded hands during trading, a decline of 7% from the average session volume of 5,616 shares. The stock had previously closed at $10.92.

Nihon Kohden Stock Up 1.6%

The stock has a market cap of $2.07 billion, a price-to-earnings ratio of 17.82 and a beta of 0.32. The business has a 50-day moving average of $13.23 and a 200-day moving average of $14.00.

Nihon Kohden (OTCMKTS:NHNKY - Get Free Report) last posted its quarterly earnings data on Tuesday, May 13th. The company reported $0.18 earnings per share for the quarter. Nihon Kohden had a return on equity of 15.08% and a net margin of 7.71%.

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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