Konica Minolta Inc. (OTCMKTS:KNCAY – Get Free Report) shares dropped 10.4% on Monday. The company traded as low as $7.14 and last traded at $7.14. Approximately 343 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 787 shares. The stock had previously closed at $7.9650.
Konica Minolta Price Performance
The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.22 and a current ratio of 1.81. The company has a 50-day simple moving average of $8.19 and a 200-day simple moving average of $7.55. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 25.50 and a beta of 0.72.
About Konica Minolta
Konica Minolta, Inc is a Japanese technology company that develops and sells office, production-printing, healthcare and industrial products and services. Its offerings include multifunction printers and copiers, commercial printing systems, document and workflow solutions, and related IT services for businesses.
The company also serves healthcare customers with diagnostic imaging equipment and services, and industrial customers with products such as optical systems, sensing instruments and functional materials.
Further Reading
- Five stocks we like better than Konica Minolta
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
- Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?
- Cloudflare’s 20% Sell-Off May Have Created an Opening for Investors
- Want to Escape the AI Sell-Off? This ETF Offers a Surprising Alternative
Receive News & Ratings for Konica Minolta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Konica Minolta and related companies with MarketBeat.com's FREE daily email newsletter.
