Nihon Kohden (OTCMKTS:NHNKY) Stock Price Down 5.4% – Here’s What Happened

Nihon Kohden Corporation (OTCMKTS:NHNKY)’s stock price was down 5.4% during mid-day trading on Wednesday . The stock traded as low as $10.01 and last traded at $10.3350. Approximately 1,424 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 6,048 shares. The stock had previously closed at $10.92.

Nihon Kohden Stock Performance

The stock has a market cap of $1.73 billion, a P/E ratio of 18.72 and a beta of 0.40. The firm has a 50-day moving average price of $11.74 and a 200-day moving average price of $11.87.

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

About Nihon Kohden

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.