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Nihon Kohden (OTCMKTS:NHNKY) Stock Price Down 8.9% - Here's What Happened

Nihon Kohden logo with Medical background

Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report) was down 8.9% during trading on Monday . The company traded as low as $10.88 and last traded at $10.88. Approximately 638 shares traded hands during trading, a decline of 88% from the average daily volume of 5,543 shares. The stock had previously closed at $11.94.

Nihon Kohden Price Performance

The stock has a market cap of $2.35 billion, a P/E ratio of 24.50 and a beta of 0.35. The company has a fifty day moving average of $12.20 and a 200 day moving average of $13.42.

Nihon Kohden (OTCMKTS:NHNKY - Get Free Report) last posted its quarterly earnings data on Tuesday, May 13th. The company reported $0.18 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%.

Nihon Kohden Company Profile

(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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