Nihon Kohden (OTCMKTS:NHNKY) Shares Down 4.6% – Time to Sell?

Nihon Kohden Corporation (OTCMKTS:NHNKY)’s stock price fell 4.6% on Tuesday . The stock traded as low as $9.55 and last traded at $9.7850. 4,290 shares traded hands during mid-day trading, a decline of 31% from the average session volume of 6,198 shares. The stock had previously closed at $10.2550.

Nihon Kohden Stock Performance

The company has a market cap of $1.74 billion, a price-to-earnings ratio of 13.95 and a beta of 0.45. The stock’s 50-day moving average is $11.44 and its 200-day moving average is $11.75.

Nihon Kohden (OTCMKTS:NHNKY) last released its quarterly earnings data on Monday, November 10th. The company reported $0.18 earnings per share (EPS) for the quarter. Nihon Kohden had a net margin of 7.78% and a return on equity of 9.25%. The company had revenue of $394.01 million for the quarter.

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.