Nihon Kohden (OTCMKTS:NHNKY) Shares Up 7% – Should You Buy?

Nihon Kohden Co. (OTCMKTS:NHNKYGet Free Report) shares shot up 7% on Monday . The stock traded as high as $15.98 and last traded at $15.98. 2,516 shares were traded during mid-day trading, a decline of 57% from the average session volume of 5,886 shares. The stock had previously closed at $14.93.

Nihon Kohden Price Performance

The stock has a market cap of $2.73 billion, a price-to-earnings ratio of 42.06 and a beta of -0.12. The firm’s fifty day moving average price is $13.98 and its two-hundred day moving average price is $14.21.

About Nihon Kohden

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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.

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