Nihon Kohden (OTCMKTS:NHNKY) Trading Down 5.5% - Here's Why

Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report) traded down 5.5% during mid-day trading on Friday . The stock traded as low as $11.79 and last traded at $11.79. 274 shares changed hands during trading, a decline of 95% from the average session volume of 5,641 shares. The stock had previously closed at $12.48.

Nihon Kohden Trading Up 8.1%

The stock has a fifty day simple moving average of $12.19 and a two-hundred day simple moving average of $13.31. The company has a market cap of $2.10 billion, a PE ratio of 21.92 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 (EPS) for the quarter. Nihon Kohden had a net margin of 6.23% and a return on equity of 7.20%. The company had revenue of $439.11 million during the quarter.

About Nihon Kohden

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.