Nihon Kohden (OTCMKTS:NHNKY) Shares Down 6.6% - Here's What Happened

Key Points

• Nihon Kohden Corporation's stock price decreased by 6.6%, trading at $11.18 during Friday's session.
• The company reported $0.01 EPS for the last quarter with revenue of $346.24 million and a net margin of 5.77%.
• Nihon Kohden has a market capitalization of $1.91 billion and a price-to-earnings ratio of 20.70.

Shares of Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report) traded down 6.6% during mid-day trading on Friday . The stock traded as low as $11.18 and last traded at $11.18. 13,100 shares were traded during mid-day trading, an increase of 141% from the average session volume of 5,442 shares. The stock had previously closed at $11.97.

Nihon Kohden Stock Down 10.6%

The stock has a market capitalization of $1.89 billion, a P/E ratio of 20.52 and a beta of 0.34. The company has a fifty day moving average price of $12.02 and a 200-day moving average price of $12.94.

Nihon Kohden (OTCMKTS:NHNKY - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The company reported $0.01 earnings per share for the quarter. Nihon Kohden had a return on equity of 6.80% and a net margin of 5.77%.The business had revenue of $346.24 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.