Nihon Kohden (OTCMKTS:NHNKY) Shares Up 0% – Still a Buy?

Nihon Kohden Corporation (OTCMKTS:NHNKY)’s stock price shot up 0% during trading on Tuesday . The stock traded as high as $11.93 and last traded at $11.86. 4,037 shares were traded during trading, a decline of 43% from the average session volume of 7,108 shares. The stock had previously closed at $11.86.

Nihon Kohden Price Performance

The firm’s 50 day moving average is $11.70 and its 200 day moving average is $12.45. The company has a market cap of $2.03 billion, a PE ratio of 21.96 and a beta of 0.40.

Nihon Kohden (OTCMKTS:NHNKY) last issued its quarterly earnings data on Wednesday, August 6th. The company reported $0.01 EPS for the quarter. Nihon Kohden had a net margin of 5.77% and a return on equity of 6.74%. The company had revenue of $346.24 million during the quarter.

Nihon Kohden Company Profile

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.