Konica Minolta (OTCMKTS:KNCAY) Share Price Crosses Above 50 Day Moving Average – Time to Sell?

Konica Minolta, Inc. (OTCMKTS:KNCAYGet Free Report)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $8.50 and traded as high as $8.55. Konica Minolta shares last traded at $8.55, with a volume of 540 shares changing hands.

Konica Minolta Price Performance

The firm has a market capitalization of $2.11 billion, a price-to-earnings ratio of -213.70 and a beta of 0.75. The stock’s fifty day moving average price is $8.50 and its two-hundred day moving average price is $6.65. The company has a current ratio of 1.51, a quick ratio of 1.03 and a debt-to-equity ratio of 0.40.

About Konica Minolta

(Get Free Report)

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.

Further Reading

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