Konica Minolta (OTCMKTS:KNCAY) Shares Cross Below Fifty Day Moving Average of $6.10

Konica Minolta, Inc. (OTCMKTS:KNCAY) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $6.10 and traded as low as $5.68. Konica Minolta shares last traded at $5.68, with a volume of 121 shares trading hands.

Konica Minolta Trading Up 3.8 %

The business has a 50 day simple moving average of $6.10 and a 200 day simple moving average of $6.19. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.34 and a quick ratio of 0.89. The company has a market cap of $1.40 billion, a price-to-earnings ratio of 47.33 and a beta of 0.84.

Konica Minolta (OTCMKTS:KNCAY) last issued its quarterly earnings results on Tuesday, May 14th. The company reported $0.24 earnings per share (EPS) for the quarter. The business had revenue of $2.14 billion for the quarter, compared to the consensus estimate of $2.01 billion. Konica Minolta had a net margin of 0.34% and a return on equity of 0.75%. As a group, equities analysts forecast that Konica Minolta, Inc. will post 0.09 EPS for the current year.

Konica Minolta Company Profile

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.