Nihon Kohden (OTCMKTS:NHNKY) Stock Price Down 11.1% – Should You Sell?

Nihon Kohden Corporation (OTCMKTS:NHNKYGet Free Report) was down 11.1% on Monday . The company traded as low as $10.2290 and last traded at $10.75. Approximately 3,051 shares were traded during trading, a decline of 47% from the average daily volume of 5,774 shares. The stock had previously closed at $12.09.

Nihon Kohden Price Performance

The company has a market capitalization of $1.86 billion, a P/E ratio of 20.18 and a beta of 0.40. The business’s 50-day moving average price is $11.86 and its two-hundred day moving average price is $11.95.

Nihon Kohden (OTCMKTS:NHNKYGet Free Report) last issued its quarterly earnings data on Monday, November 10th. The company reported $0.18 EPS for the quarter. Nihon Kohden had a return on equity of 6.74% and a net margin of 5.77%.

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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