Nihon Kohden (OTCMKTS:NHNKY) Trading 7% Higher – Here’s What Happened

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

Nihon Kohden Price Performance

The firm has a market cap of $2.73 billion, a P/E ratio of 42.06 and a beta of -0.12. The company’s 50-day moving average is $13.98 and its two-hundred day moving average is $14.21.

Nihon Kohden Company Profile

(Get Free Report)

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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