Nihon Kohden (OTCMKTS:NHNKY) Trading 12.4% Higher – Still a Buy?

Shares of Nihon Kohden Corporation (OTCMKTS:NHNKY) shot up 12.4% during mid-day trading on Thursday . The company traded as high as $12.2185 and last traded at $12.2185. 4,040 shares traded hands during mid-day trading, a decline of 31% from the average session volume of 5,882 shares. The stock had previously closed at $10.87.

Nihon Kohden Trading Up 16.2%

The stock has a 50 day simple moving average of $11.84 and a 200-day simple moving average of $11.92. The firm has a market cap of $2.02 billion, a PE ratio of 21.89 and a beta of 0.40.

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

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.