Konica Minolta (OTCMKTS:KNCAY) Sees Large Volume Increase – Still a Buy?

Shares of Konica Minolta Inc. (OTCMKTS:KNCAY – Get Free Report) saw strong trading volume on Wednesday. Approximately 3,658 shares traded hands during trading, an increase of 414% from the average daily volume of 711 shares. The stock last traded at $8.20 and had previously closed at $8.40.

Konica Minolta Price Performance

The firm has a market cap of $1.71 billion, a P/E ratio of 24.68 and a beta of 0.72. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.81 and a quick ratio of 1.22. The company’s 50-day moving average is $8.21 and its two-hundred day moving average is $7.56.

Konica Minolta Company Profile

(Get Free Report)

Konica Minolta, Inc is a Japan-based technology company that provides business, industrial, and healthcare solutions. Its offerings include multifunctional office printers, document management and workflow software, managed print services, and related digital workplace solutions designed to help organizations manage information and improve operational efficiency.

The company also serves the commercial and industrial printing markets with production and labeling presses, industrial inkjet systems, and software.

See Also

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.