Konica Minolta (OTCMKTS:KNCAY) Shares Gap Up – Still a Buy?

Konica Minolta Inc. (OTCMKTS:KNCAY – Get Free Report) shares gapped up prior to trading on Tuesday. The stock had previously closed at $6.91, but opened at $7.4120. Konica Minolta shares last traded at $7.4120, with a volume of 567 shares traded.

Konica Minolta Trading Up 3.8%

The company has a market cap of $1.83 billion, a PE ratio of 26.47 and a beta of 0.72. The stock’s 50 day moving average is $8.18 and its 200-day moving average is $7.55. The company has a quick ratio of 1.22, a current ratio of 1.81 and a debt-to-equity ratio of 0.38.

Konica Minolta Company Profile

(Get Free Report)

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.

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