Nihon Kohden (OTCMKTS:NHNKY) Sees Unusually-High Trading Volume – Still a Buy?

Nihon Kohden Corporation (OTCMKTS:NHNKY) shares saw unusually-strong trading volume on Monday . Approximately 198,568 shares were traded during 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 Trading Up 1.2%

The firm’s fifty day simple moving average is $10.78 and its two-hundred day simple moving average is $11.49. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of 15.55 and a beta of 0.41.

Nihon Kohden (OTCMKTS:NHNKY) last released its quarterly earnings data on Monday, November 10th. The company reported $0.18 EPS for the quarter. Nihon Kohden had a return on equity of 9.28% and a net margin of 7.78%.The firm had revenue of $394.01 million for the quarter.

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.