Konica Minolta (OTCMKTS:KNCAY) Hits New 52-Week High – Here’s Why

Shares of Konica Minolta Inc. (OTCMKTS:KNCAYGet Free Report) hit a new 52-week high during trading on Friday . The company traded as high as $8.93 and last traded at $8.93, with a volume of 1203 shares changing hands. The stock had previously closed at $8.88.

Konica Minolta Stock Performance

The company has a market capitalization of $2.20 billion, a P/E ratio of -37.08 and a beta of 0.58. The company’s 50 day moving average is $8.18 and its 200-day moving average is $7.14. The company has a current ratio of 1.70, a quick ratio of 1.13 and a debt-to-equity ratio of 0.42.

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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