Nihon Kohden (OTCMKTS:NHNKY) Shares Gap Down – Time to Sell?
by Amy Steele · The Cerbat GemNihon Kohden Corporation (OTCMKTS:NHNKY – Get Free Report)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $10.90, but opened at $10.38. Nihon Kohden shares last traded at $10.8150, with a volume of 55,164 shares changing hands.
Nihon Kohden Stock Down 3.5%
The stock has a market cap of $1.80 billion, a P/E ratio of 14.41 and a beta of 0.45. The business’s 50-day simple moving average is $10.98 and its two-hundred day simple moving average is $11.55.
Nihon Kohden (OTCMKTS:NHNKY – Get Free Report) last announced 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 during 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.