Konica Minolta (OTCMKTS:KNCAF) Shares Up 37.6% – Still a Buy?

Konica Minolta, Inc. (OTCMKTS:KNCAFGet Free Report) shares shot up 37.6% during mid-day trading on Tuesday . The company traded as high as $4.06 and last traded at $4.06. 100 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 471 shares. The stock had previously closed at $2.95.

Konica Minolta Price Performance

The stock’s 50-day moving average is $2.98 and its 200-day moving average is $3.07.

Konica Minolta Company Profile

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Konica Minolta, Inc engages in digital workplace, professional print, healthcare, and industrial businesses in Japan, China, other Asian countries, the United States, Europe, and internationally. It develops, manufactures, and sells multi-functional peripherals, digital printing systems, and related consumables, as well as offers IT and printing solutions and services.

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