Konica Minolta (OTCMKTS:KNCAY) Sees Strong Trading Volume – Here’s Why

Shares of Konica Minolta Inc. (OTCMKTS:KNCAYGet Free Report) saw strong trading volume on Monday . 2,403 shares traded hands during mid-day trading, an increase of 137% from the previous session’s volume of 1,013 shares.The stock last traded at $8.69 and had previously closed at $8.9144.

Konica Minolta Stock Performance

The company has a quick ratio of 1.13, a current ratio of 1.70 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $2.15 billion, a P/E ratio of -36.21 and a beta of 0.65. The company’s 50 day moving average is $8.00 and its 200-day moving average is $7.08.

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.

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