Nihon Kohden (OTCMKTS:NHNKY) Sets New 1-Year Low – What’s Next?

Nihon Kohden Corporation (OTCMKTS:NHNKY) reached a new 52-week low during trading on Thursday . The company traded as low as $9.1775 and last traded at $9.1775, with a volume of 847 shares changing hands. The stock had previously closed at $9.4680.

Analyst Ratings Changes

Separately, UBS Group raised shares of Nihon Kohden from a “hold” rating to a “strong-buy” rating in a report on Monday, January 19th. One investment analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, Nihon Kohden has a consensus rating of “Strong Buy”.

Nihon Kohden Trading Down 1.5%

The firm has a market capitalization of $1.54 billion, a P/E ratio of 17.65 and a beta of 0.39. The firm has a 50 day moving average price of $10.71 and a 200-day moving average price of $11.09.

Nihon Kohden (OTCMKTS:NHNKY) last announced its earnings results on Thursday, February 5th. The company reported $0.16 EPS for the quarter. Nihon Kohden had a return on equity of 7.25% and a net margin of 5.32%.The firm had revenue of $362.86 million during the quarter.

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.