Nihon Kohden (OTCMKTS:NHNKY) Sees Unusually-High Trading Volume – Should You Buy?

Nihon Kohden Corporation (OTCMKTS:NHNKY) shares saw unusually-strong trading volume on Wednesday . Approximately 237,003 shares were traded during trading, an increase of 2,996% from the previous session’s volume of 7,654 shares.The stock last traded at $10.55 and had previously closed at $10.1650.

Nihon Kohden Stock Up 1.2%

The stock has a market cap of $1.78 billion, a P/E ratio of 14.26 and a beta of 0.45. The company’s 50 day moving average price is $11.36 and its 200-day moving average price is $11.71.

Nihon Kohden (OTCMKTS:NHNKY) last posted its quarterly earnings data on Monday, November 10th. The company reported $0.18 EPS for the quarter. The company had revenue of $394.01 million for the quarter. Nihon Kohden had a return on equity of 9.25% and a net margin of 7.78%.

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.