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Nihon Kohden (OTCMKTS:NHNKY) Stock Price Down 10.7% - Time to Sell?

Nihon Kohden logo with Medical background

Shares of Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report) dropped 10.7% on Thursday . The stock traded as low as $11.25 and last traded at $11.25. Approximately 1,352 shares were traded during trading, a decline of 76% from the average daily volume of 5,599 shares. The stock had previously closed at $12.60.

Nihon Kohden Stock Down 10.8%

The stock has a market capitalization of $1.91 billion, a P/E ratio of 19.96 and a beta of 0.35. The company has a fifty day simple moving average of $12.23 and a two-hundred day simple moving average of $13.21.

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 (EPS) for the quarter. Nihon Kohden had a return on equity of 7.20% and a net margin of 6.23%. The business had revenue of $439.11 million during the quarter.

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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