Nihon Kohden (OTCMKTS:NHNKY) Sets New 52-Week Low – Here’s Why

Nihon Kohden Corporation (OTCMKTS:NHNKY)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as $9.79 and last traded at $10.82, with a volume of 10880 shares trading hands. The stock had previously closed at $11.82.

Nihon Kohden Price Performance

The company’s 50-day moving average price is $11.84 and its two-hundred day moving average price is $11.92. The company has a market capitalization of $1.73 billion, a P/E ratio of 18.76 and a beta of 0.40.

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

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.