Konica Minolta (OTCMKTS:KNCAY) Stock Price Above $6.73 50-Day Moving Average

Shares of Konica Minolta, Inc. (OTCMKTS:KNCAY – Get Rating) rose above its fifty-day moving average during Tuesday’s trading. The stock has a fifty-day moving average of $6.73 and is trading as low as $7.14. Shares of Konica Minolta last traded at $7.14, with volume of 116 shares changing hands.

Konica Minolta stock up 4.4%

The company has a debt ratio of 0.28, a current ratio of 1.21 and a quick ratio of 0.85. The company has a market capitalization of $1.79 billion, a price-earnings ratio of -7.68 and a beta of 0.96. The company has a 50-day moving average price of $6.73 and a 200-day moving average price of $7.62.

Konica Minolta (OTCMKTS:KNCAY – Get Rating) last released its quarterly results on Thursday, May 12. The company reported ($0.45) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.38). Konica Minolta had a negative net margin of 2.82% and a negative return on equity of 4.73%. The company posted revenue of $2.15 billion for the quarter, versus analyst estimates of $2.04 billion. As a group, stock analysts predict Konica Minolta, Inc. will post EPS of 0.19 for the current fiscal year.

About Konica Minolta

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Konica Minolta, Inc. has digital work, professional printing, healthcare and industrial businesses in Japan, the United States, Europe, China, other Asian countries and the international. The company develops, manufactures and sells multifunctional peripherals, digital printing systems and related consumables, as well as IT and printing solutions and services.

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