Konica Minolta (OTCMKTS:KNCAY) Shares Gap Up – What’s Next?

Konica Minolta Inc. (OTCMKTS:KNCAYGet Free Report)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $6.55, but opened at $7.19. Konica Minolta shares last traded at $7.19, with a volume of 100 shares.

Konica Minolta Stock Performance

The stock’s 50-day moving average price is $6.87 and its 200-day moving average price is $7.53. The company has a market capitalization of $1.78 billion, a price-to-earnings ratio of -143.80 and a beta of 0.62. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.22 and a current ratio of 1.76.

About Konica Minolta

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Konica Minolta, Inc is a Tokyo‐based multinational technology company specializing in imaging and information management solutions. The company’s core offerings include networked multifunction printers, production printing systems, document management software and IT services aimed at helping organizations streamline workflows and improve productivity. Through its Digital Workplace Business, Konica Minolta provides hardware, software and consulting services designed to optimize document-intensive processes across corporate, legal, healthcare and educational environments.

In addition to office and production print, Konica Minolta has developed a strong presence in the healthcare sector.

Further Reading

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