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Nihon Kohden (OTCMKTS:NHNKY) Shares Up 8.8% - Time to Buy?

Nihon Kohden logo with Medical background

Shares of Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report) traded up 8.8% on Tuesday . The stock traded as high as $11.91 and last traded at $11.88. 8,171 shares traded hands during mid-day trading, an increase of 48% from the average session volume of 5,537 shares. The stock had previously closed at $10.92.

Nihon Kohden Price Performance

The company has a 50 day moving average price of $12.21 and a two-hundred day moving average price of $13.38. The stock has a market cap of $2.16 billion, a PE ratio of 22.56 and a beta of 0.35.

Nihon Kohden (OTCMKTS:NHNKY - Get Free Report) last posted its quarterly earnings results on Tuesday, May 13th. The company reported $0.18 earnings per share for the quarter. Nihon Kohden had a return on equity of 7.20% and a net margin of 6.23%. The firm had revenue of $439.11 million during the quarter.

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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