Nihon Kohden (OTCMKTS:NHNKY) Posts Quarterly Earnings Results

Nihon Kohden (OTCMKTS:NHNKY) issued its earnings results on Thursday. The company reported $0.16 earnings per share (EPS) for the quarter, Zacks reports. Nihon Kohden had a return on equity of 9.28% and a net margin of 7.78%.

Nihon Kohden Stock Up 3.1%

OTCMKTS:NHNKY traded up $0.35 on Thursday, reaching $11.55. The company’s stock had a trading volume of 1,971 shares, compared to its average volume of 28,603. Nihon Kohden has a 12-month low of $9.23 and a 12-month high of $17.28. The stock has a 50 day moving average price of $10.98 and a 200 day moving average price of $11.40. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 15.82 and a beta of 0.37.

Analyst Upgrades and Downgrades

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

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.