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Nihon Kohden (OTCMKTS:NHNKY) Stock Price Up 9% - Time to Buy?

Nihon Kohden logo with Medical background

Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report) shot up 9% during trading on Wednesday . The stock traded as high as $12.80 and last traded at $12.80. 3,018 shares traded hands during trading, a decline of 46% from the average session volume of 5,594 shares. The stock had previously closed at $11.75.

Nihon Kohden Price Performance

The stock has a market cap of $1.86 billion, a P/E ratio of 19.46 and a beta of 0.35. The company has a fifty day moving average price of $12.22 and a 200 day moving average price of $13.28.

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

About Nihon Kohden

(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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