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Nihon Kohden (OTCMKTS:NHNKY) Trading Up 7% - Still a Buy?

Nihon Kohden logo with Medical background

Shares of Nihon Kohden Co. (OTCMKTS:NHNKY - Get Free Report) shot up 7% during trading on Monday . The company traded as high as $15.98 and last traded at $15.98. 2,516 shares traded hands 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 company has a market capitalization of $2.52 billion, a price-to-earnings ratio of 38.84 and a beta of -0.12. The firm's 50-day simple moving average is $14.03 and its two-hundred day simple moving average is $14.21.

Nihon Kohden (OTCMKTS:NHNKY - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.30 earnings per share for the quarter. Nihon Kohden had a return on equity of 10.88% and a net margin of 4.31%.

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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