Konica Minolta (OTCMKTS:KNCAY) Shares Down 3.4% – Time to Sell?

Konica Minolta, Inc. (OTCMKTS:KNCAY) traded down 3.4% on Wednesday . The stock traded as low as $8.01 and last traded at $8.01. 1,377 shares traded hands during mid-day trading, an increase of 87% from the average session volume of 738 shares. The stock had previously closed at $8.29.

Konica Minolta Stock Performance

The company has a debt-to-equity ratio of 0.47, a current ratio of 1.54 and a quick ratio of 1.06. The firm has a market cap of $1.98 billion, a price-to-earnings ratio of -200.20 and a beta of 0.77. The firm has a fifty day simple moving average of $8.64 and a two-hundred day simple moving average of $7.10.

Konica Minolta (OTCMKTS:KNCAY) last posted its quarterly earnings data on Tuesday, November 5th. The company reported ($0.20) EPS for the quarter. The business had revenue of $2 billion during the quarter, compared to analysts’ expectations of $1.93 billion. Konica Minolta had a negative net margin of 0.13% and a negative return on equity of 0.29%. On average, analysts expect that Konica Minolta, Inc. will post 0.05 EPS for the current year.

About Konica Minolta

Konica Minolta, Inc engages in digital workplace, professional print, healthcare, and industrial businesses in Japan, China, other Asian countries, the United States, Europe, and internationally. It develops, manufactures, and sells multi-functional peripherals, digital printing systems, and related consumables, as well as offers IT and printing solutions and services.