Nihon Kohden (OTCMKTS:NHNKY) Sees Unusually-High Trading Volume – Here’s Why

Nihon Kohden Corporation (OTCMKTS:NHNKY) saw unusually-strong trading volume on Friday . Approximately 20,729 shares traded hands during trading, an increase of 120% from the previous session’s volume of 9,405 shares.The stock last traded at $10.82 and had previously closed at $10.73.

Nihon Kohden Stock Up 0.8%

The firm’s fifty day simple moving average is $11.04 and its 200-day simple moving average is $11.59. The firm has a market capitalization of $1.85 billion, a PE ratio of 14.82 and a beta of 0.45.

Nihon Kohden (OTCMKTS:NHNKY) last announced 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 during the quarter. Nihon Kohden had a net margin of 7.78% and a return on equity of 9.28%.

Nihon Kohden Company Profile

Nihon Kohden Corporation is a Tokyo-based manufacturer of medical electronic equipment, founded in 1951. The company has built a reputation for innovation in patient monitoring and diagnostic systems, developing one of Japan’s earliest electrocardiogram (ECG) machines and pioneering transistor-based oscilloscopes for clinical use. Over the decades, Nihon Kohden has expanded its product portfolio to address a wide range of healthcare needs, from emergency response to intensive care and neurology.

The company’s core offerings include patient monitors, ECG and electroencephalograph (EEG) devices, defibrillators, infusion pumps, and neuromonitoring systems.