Nihon Kohden (OTCMKTS:NHNKY) Shares Up 12.4% – Should You Buy?

Shares of Nihon Kohden Corporation (OTCMKTS:NHNKY) traded up 12.4% during mid-day trading on Thursday . The stock traded as high as $12.2185 and last traded at $12.2185. 4,040 shares changed hands during trading, a decline of 31% from the average session volume of 5,882 shares. The stock had previously closed at $10.87.

Nihon Kohden Stock Up 13.4%

The stock has a market capitalization of $2.11 billion, a P/E ratio of 22.83 and a beta of 0.40. The company has a 50 day moving average of $11.82 and a 200-day moving average of $11.93.

Nihon Kohden (OTCMKTS:NHNKY) last posted its quarterly earnings results on Monday, November 10th. The company reported $0.18 earnings per share (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 $394.01 million for 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.