Nihon Kohden (OTCMKTS:NHNKY) Shares Gap Up – What’s Next?

Nihon Kohden Corporation (OTCMKTS:NHNKY) shares gapped up before the market opened on Friday . The stock had previously closed at $10.55, but opened at $11.2699. Nihon Kohden shares last traded at $11.2699, with a volume of 250 shares trading hands.

Nihon Kohden Stock Performance

The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of 14.30 and a beta of 0.45. The business’s 50 day simple moving average is $11.16 and its 200-day simple moving average is $11.64.

Nihon Kohden (OTCMKTS:NHNKY) last issued its earnings results on Monday, November 10th. The company reported $0.18 earnings per share (EPS) for the quarter. The firm had revenue of $394.01 million during the quarter. Nihon Kohden had a net margin of 7.78% and a return on equity of 9.28%.

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.