Konica Minolta (OTCMKTS:KNCAY) Stock Price Passes Below Fifty Day Moving Average – Should You Sell?

Konica Minolta, Inc. (OTCMKTS:KNCAY)’s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $8.24 and traded as low as $7.35. Konica Minolta shares last traded at $7.35, with a volume of 178 shares traded.

Konica Minolta Price Performance

The company has a current ratio of 1.54, a quick ratio of 1.06 and a debt-to-equity ratio of 0.47. The stock’s fifty day simple moving average is $8.24 and its 200-day simple moving average is $7.27.

Konica Minolta (OTCMKTS:KNCAY) last released its quarterly earnings results on Thursday, February 6th. The company reported ($0.07) earnings per share (EPS) for the quarter. Konica Minolta had a negative net margin of 0.40% and a negative return on equity of 0.84%. As a group, equities analysts anticipate that Konica Minolta, Inc. will post 0.05 EPS for the current fiscal year.

About Konica Minolta

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.