Konica Minolta (OTCMKTS:KNCAY) Stock Price Down 10.4% – Here’s What Happened

Konica Minolta Inc. (OTCMKTS:KNCAY – Get Free Report)’s share price traded down 10.4% during trading on Monday. The stock traded as low as $7.14 and last traded at $7.14. Approximately 343 shares were traded during trading, a decline of 56% from the average daily volume of 787 shares. The stock had previously closed at $7.9650.

Konica Minolta Trading Up 3.3%

The company has a fifty day moving average of $8.19 and a two-hundred day moving average of $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. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of 25.50 and a beta of 0.72.

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.

Further Reading

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