Nihon Kohden (OTCMKTS:NHNKY) Issues Earnings Results

Nihon Kohden (OTCMKTS:NHNKY) posted its earnings results on Monday. The company reported $0.18 earnings per share (EPS) for the quarter, Zacks reports. Nihon Kohden had a return on equity of 6.74% and a net margin of 5.77%.

Nihon Kohden Stock Performance

Shares of Nihon Kohden stock traded down $1.98 during trading on Monday, hitting $10.11. 4,679 shares of the company’s stock were exchanged, compared to its average volume of 5,774. Nihon Kohden has a 52-week low of $9.86 and a 52-week high of $17.28. The stock has a market capitalization of $1.73 billion, a price-to-earnings ratio of 18.72 and a beta of 0.40. The business has a 50-day simple moving average of $11.86 and a 200-day simple moving average of $11.95.

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.