Konica Minolta (OTCMKTS:KNCAY) Shares Gap Up – Here’s What Happened

Konica Minolta Inc. (OTCMKTS:KNCAYGet Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $6.5350, but opened at $7.75. Konica Minolta shares last traded at $7.75, with a volume of 100 shares changing hands.

Konica Minolta Stock Performance

The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.14 and a current ratio of 1.73. The business has a 50 day moving average price of $6.52 and a two-hundred day moving average price of $7.65. The company has a market cap of $1.91 billion, a P/E ratio of -155.00 and a beta of 0.64.

Konica Minolta Company Profile

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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.

Further Reading

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