Nihon Kohden (OTCMKTS:NHNKY) Sees Strong Trading Volume – Here’s What Happened

Shares of Nihon Kohden Corporation (OTCMKTS:NHNKY) saw strong trading volume on Monday . 198,568 shares changed hands during mid-day trading, an increase of 1,289% from the previous session’s volume of 14,297 shares.The stock last traded at $10.98 and had previously closed at $11.14.

Nihon Kohden Price Performance

The firm has a 50 day simple moving average of $10.82 and a two-hundred day simple moving average of $11.51. The stock has a market cap of $1.88 billion, a price-to-earnings ratio of 15.07 and a beta of 0.41.

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 firm had revenue of $394.01 million for the quarter. Nihon Kohden had a net margin of 7.78% and a return on equity of 9.28%.

About Nihon Kohden

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.