Nihon Kohden (OTCMKTS:NHNKY) Stock Price Down 5.7% – Should You Sell?
by Tristan Rich · The Markets DailyNihon Kohden Corporation (OTCMKTS:NHNKY – Get Free Report)’s share price dropped 5.7% during trading on Wednesday . The company traded as low as $10.22 and last traded at $10.22. Approximately 4,740 shares traded hands during trading, a decline of 49% from the average daily volume of 9,335 shares. The stock had previously closed at $10.84.
Nihon Kohden Price Performance
The stock’s 50 day moving average is $11.04 and its two-hundred day moving average is $11.59. The stock has a market capitalization of $1.83 billion, a PE ratio of 14.70 and a beta of 0.45.
Nihon Kohden (OTCMKTS:NHNKY – Get Free Report) last issued its quarterly earnings results on Monday, November 10th. The company reported $0.18 earnings per share (EPS) for the quarter. Nihon Kohden had a net margin of 7.78% and a return on equity of 9.28%. The company had revenue of $394.01 million during the quarter.
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.