Nihon Kohden (OTCMKTS:NHNKY) Trading 14.1% Higher – Time to Buy?

Nihon Kohden Corporation (OTCMKTS:NHNKY) was up 14.1% during mid-day trading on Friday . The stock traded as high as $13.19 and last traded at $13.19. Approximately 2,331 shares traded hands during trading, a decline of 60% from the average daily volume of 5,790 shares. The stock had previously closed at $11.5550.

Nihon Kohden Stock Performance

The firm has a market capitalization of $2.07 billion, a price-to-earnings ratio of 22.39 and a beta of 0.40. The business has a fifty day moving average price of $11.86 and a 200 day moving average price of $11.95.

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

About Nihon Kohden

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.