Nihon Kohden (OTCMKTS:NHNKY) Shares Gap Down – Should You Sell?

Nihon Kohden Corporation (OTCMKTS:NHNKYGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $11.90, but opened at $11.4275. Nihon Kohden shares last traded at $11.4275, with a volume of 379 shares traded.

Nihon Kohden Price Performance

The firm has a market cap of $2.04 billion, a P/E ratio of 16.33 and a beta of 0.41. The company’s 50-day moving average is $10.75 and its two-hundred day moving average is $11.47.

Nihon Kohden (OTCMKTS:NHNKYGet Free Report) last released its earnings results on Monday, November 10th. The company reported $0.18 EPS for the quarter. The firm had revenue of $394.01 million for the quarter. Nihon Kohden had a net margin of 7.78% and a return on equity of 9.28%.

About Nihon Kohden

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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.

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