Nihon Kohden (OTCMKTS:NHNKY) Releases Earnings Results

Nihon Kohden (OTCMKTS:NHNKY) announced its quarterly earnings data on Wednesday. The company reported $0.30 earnings per share (EPS) for the quarter, Zacks reports. Nihon Kohden had a net margin of 4.31% and a return on equity of 10.88%.

Nihon Kohden Price Performance

Nihon Kohden stock traded down $1.97 during trading on Wednesday, reaching $14.01. 3,125 shares of the company were exchanged, compared to its average volume of 5,479. The stock’s 50 day simple moving average is $13.98 and its two-hundred day simple moving average is $14.20. The company has a market capitalization of $2.40 billion, a P/E ratio of 36.87 and a beta of -0.12. Nihon Kohden has a 52-week low of $10.06 and a 52-week high of $20.00.

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.