Konica Minolta Inc. (OTCMKTS:KNCAY – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $7.55 and traded as low as $6.91. Konica Minolta shares last traded at $6.91, with a volume of 422 shares trading hands.
Konica Minolta Stock Performance
The firm’s 50 day moving average is $8.19 and its 200-day moving average is $7.55. The stock has a market capitalization of $1.71 billion, a price-to-earnings ratio of 24.68 and a beta of 0.72. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.22 and a current ratio of 1.81.
About Konica Minolta
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.
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