Nihon Kohden (OTCMKTS:NHNKY) Trading 7% Higher – Still a Buy?

Nihon Kohden Co. (OTCMKTS:NHNKYGet Free Report)’s stock price traded up 7% during trading on Monday . The stock 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 Price Performance

The firm’s 50 day simple moving average is $14.00 and its 200-day simple moving average is $14.20. The company has a market cap of $2.58 billion, a price-to-earnings ratio of 39.79 and a beta of -0.12.

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

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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