Nihon Kohden (OTCMKTS:NHNKY) Reaches New 1-Year Low – What’s Next?

Nihon Kohden Corporation (OTCMKTS:NHNKY)’s stock price reached a new 52-week low on Thursday . The company traded as low as $9.1775 and last traded at $9.1775, with a volume of 847 shares traded. The stock had previously closed at $9.4680.

Analyst Ratings Changes

Separately, UBS Group raised shares of Nihon Kohden from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 19th. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Strong Buy”.

Nihon Kohden Stock Down 2.9%

The firm’s fifty day moving average price is $10.81 and its 200-day moving average price is $11.12. The stock has a market cap of $1.57 billion, a P/E ratio of 18.02 and a beta of 0.39.

Nihon Kohden (OTCMKTS:NHNKY) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.16 earnings per share for the quarter. The business had revenue of $362.86 million during the quarter. Nihon Kohden had a net margin of 5.32% and a return on equity of 7.25%.

Nihon Kohden Company Profile

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.