Nihon Kohden (OTCMKTS:NHNKY) Shares Gap Up – What’s Next?

Nihon Kohden Corporation (OTCMKTS:NHNKY) gapped up before the market opened on Friday . The stock had previously closed at $10.55, but opened at $11.2699. Nihon Kohden shares last traded at $11.2699, with a volume of 250 shares traded.

Nihon Kohden Stock Performance

The company has a 50-day simple moving average of $11.19 and a 200-day simple moving average of $11.65. The stock has a market cap of $1.84 billion, a P/E ratio of 14.71 and a beta of 0.45.

Nihon Kohden (OTCMKTS:NHNKY) last announced its earnings results on Monday, November 10th. The company reported $0.18 EPS for the quarter. Nihon Kohden had a return on equity of 9.28% and a net margin of 7.78%.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.