Nihon Kohden (OTCMKTS:NHNKY) Stock Price Down 5.2% – Here’s What Happened

Nihon Kohden Corporation (OTCMKTS:NHNKY)’s stock price was down 5.2% during trading on Friday . The company traded as low as $12.40 and last traded at $12.40. Approximately 4,331 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 5,810 shares. The stock had previously closed at $13.08.

Nihon Kohden Stock Up 8.7%

The firm has a market cap of $2.43 billion, a P/E ratio of 26.31 and a beta of 0.41. The company’s 50 day simple moving average is $11.77 and its 200-day simple moving average is $11.95.

Nihon Kohden (OTCMKTS:NHNKY) last announced its quarterly earnings data on Wednesday, August 6th. The company reported $0.01 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 business had revenue of $346.24 million during 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.