Konica Minolta (OTCMKTS:KNCAY) Shares Gap Down – What’s Next?

Konica Minolta Inc. (OTCMKTS:KNCAYGet Free Report)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $7.75, but opened at $7.22. Konica Minolta shares last traded at $7.22, with a volume of 270 shares.

Konica Minolta Trading Down 9.8%

The company has a 50 day simple moving average of $6.76 and a 200 day simple moving average of $7.65. 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 company has a market capitalization of $1.78 billion, a PE ratio of -144.40 and a beta of 0.64.

Konica Minolta Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Konica Minolta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Konica Minolta and related companies with MarketBeat.com's FREE daily email newsletter.