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Nihon Kohden (OTCMKTS:NHNKY) Trading Down 10.7% - What's Next?

Nihon Kohden logo with Medical background

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

Nihon Kohden Trading Down 0.4%

The stock has a market capitalization of $2.15 billion, a PE ratio of 22.41 and a beta of 0.35. The firm's 50-day simple moving average is $12.23 and its two-hundred day simple moving average is $13.23.

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