Nihon Kohden (OTCMKTS:NHNKY) Stock Price Up 7% – Should You Buy?

Nihon Kohden Co. (OTCMKTS:NHNKYGet Free Report) shares shot up 7% on Monday . The company traded as high as $15.98 and last traded at $15.98. 2,516 shares were traded during trading, a decline of 57% from the average session volume of 5,886 shares. The stock had previously closed at $14.93.

Nihon Kohden Stock Performance

The firm has a market capitalization of $2.58 billion, a PE ratio of 39.79 and a beta of -0.12. The business’s 50 day moving average price is $14.00 and its 200-day moving average price is $14.20.

Nihon Kohden (OTCMKTS:NHNKYGet Free Report) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.30 EPS for the quarter. Nihon Kohden had a return on equity of 10.88% and a net margin of 4.31%.

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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