Nihon Kohden (OTCMKTS:NHNKY) Releases Earnings Results, Misses Estimates By $0.09 EPS

Nihon Kohden (OTCMKTS:NHNKYGet Free Report) announced its quarterly earnings data on Thursday. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.06 by ($0.09), Zacks reports. Nihon Kohden had a net margin of 6.08% and a return on equity of 9.46%.

Nihon Kohden Price Performance

Nihon Kohden stock traded down $0.28 during mid-day trading on Thursday, hitting $9.33. The company’s stock had a trading volume of 3,933 shares, compared to its average volume of 27,565. The business has a 50 day moving average price of $9.11 and a 200-day moving average price of $9.78. Nihon Kohden has a 12 month low of $8.12 and a 12 month high of $14.21. The stock has a market cap of $1.57 billion, a price-to-earnings ratio of 15.82 and a beta of 0.37.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Nihon Kohden to a “hold” rating in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy”.

Check Out Our Latest Analysis on Nihon Kohden

Nihon Kohden Company Profile

(Get Free Report)

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.

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Earnings History for Nihon Kohden (OTCMKTS:NHNKY)

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