Nihon Kohden (OTCMKTS:NHNKY) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Nihon Kohden Corporation (OTCMKTS:NHNKY) saw an uptick in trading volume on Friday . 20,729 shares changed hands during trading, an increase of 120% from the previous session’s volume of 9,405 shares.The stock last traded at $10.82 and had previously closed at $10.73.

Nihon Kohden Stock Up 0.8%

The company’s fifty day moving average price is $11.04 and its 200-day moving average price is $11.59. The stock has a market capitalization of $1.85 billion, a PE ratio of 14.82 and a beta of 0.45.

Nihon Kohden (OTCMKTS:NHNKY) last posted its quarterly earnings results on Monday, November 10th. The company reported $0.18 earnings per share for the quarter. The company had revenue of $394.01 million for the quarter. Nihon Kohden had a return on equity of 9.28% and a net margin of 7.78%.

Nihon Kohden Company Profile

Nihon Kohden Corporation is a Tokyo-based manufacturer of medical electronic equipment, founded in 1951. The company has built a reputation for innovation in patient monitoring and diagnostic systems, developing one of Japan’s earliest electrocardiogram (ECG) machines and pioneering transistor-based oscilloscopes for clinical use. Over the decades, Nihon Kohden has expanded its product portfolio to address a wide range of healthcare needs, from emergency response to intensive care and neurology.

The company’s core offerings include patient monitors, ECG and electroencephalograph (EEG) devices, defibrillators, infusion pumps, and neuromonitoring systems.