Nihon Kohden (OTCMKTS:NHNKY) Shares Gap Down – What’s Next?

Shares of Nihon Kohden Corporation (OTCMKTS:NHNKY) gapped down prior to trading on Monday . The stock had previously closed at $10.52, but opened at $9.64. Nihon Kohden shares last traded at $9.64, with a volume of 937 shares trading hands.

Nihon Kohden Stock Performance

The firm has a market cap of $1.69 billion, a price-to-earnings ratio of 18.26 and a beta of 0.40. The company’s fifty day moving average is $11.50 and its two-hundred day moving average is $11.77.

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

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.