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

Konica Minolta Inc. (OTCMKTS:KNCAY – Get Free Report) gapped down before the market opened on Friday. The stock had previously closed at $8.20, but opened at $6.91. Konica Minolta shares last traded at $6.91, with a volume of 300 shares traded.

Konica Minolta Price Performance

The stock has a market capitalization of $1.71 billion, a PE ratio of 24.68 and a beta of 0.72. The company has a current ratio of 1.81, a quick ratio of 1.22 and a debt-to-equity ratio of 0.38. The company’s 50 day simple moving average is $8.21 and its 200 day simple moving average is $7.56.

Konica Minolta Company Profile

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Konica Minolta, Inc is a Japan-based technology company that provides business, industrial, and healthcare solutions. Its offerings include multifunctional office printers, document management and workflow software, managed print services, and related digital workplace solutions designed to help organizations manage information and improve operational efficiency.

The company also serves the commercial and industrial printing markets with production and labeling presses, industrial inkjet systems, and software.

Further Reading

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