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Nihon Kohden (OTCMKTS:NHNKY) Stock Price Up 9.4% - Time to Buy?

Nihon Kohden logo with Medical background

Nihon Kohden Corporation (OTCMKTS:NHNKY - Get Free Report) shot up 9.4% during trading on Wednesday . The stock traded as high as $12.78 and last traded at $12.78. 1,033 shares were traded during trading, a decline of 82% from the average session volume of 5,612 shares. The stock had previously closed at $11.68.

Nihon Kohden Price Performance

The company has a market cap of $2.02 billion, a PE ratio of 21.05 and a beta of 0.37. The company has a fifty day moving average price of $12.17 and a 200 day moving average price of $13.48.

Nihon Kohden (OTCMKTS:NHNKY - Get Free Report) last issued 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 during 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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