Nihon Kohden (OTCMKTS:NHNKY) Shares Gap Down – Here’s What Happened

Nihon Kohden Corporation (OTCMKTS:NHNKYGet Free Report)’s share price gapped down before the market opened on Monday . The stock had previously closed at $10.52, but opened at $9.64. Nihon Kohden shares last traded at $9.64, with a volume of 937 shares changing hands.

Nihon Kohden Stock Performance

The firm has a market capitalization of $1.87 billion, a PE ratio of 20.26 and a beta of 0.40. The stock’s 50-day simple moving average is $11.56 and its 200-day simple moving average is $11.81.

Nihon Kohden (OTCMKTS:NHNKYGet Free Report) last announced its earnings results on Monday, November 10th. The company reported $0.18 earnings per share for the quarter. Nihon Kohden had a net margin of 5.77% and a return on equity of 6.74%. The firm had revenue of $394.01 million for the quarter.

About Nihon Kohden

(Get Free Report)

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.

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