Konica Minolta Inc. (OTCMKTS:KNCAY) Sees Large Increase in Short Interest

Konica Minolta Inc. (OTCMKTS:KNCAY) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 12 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 285 shares, the days-to-cover ratio is presently 0.0 days.

Konica Minolta Price Performance

OTCMKTS:KNCAY remained flat at $8.24 during trading hours on Wednesday. 4,004 shares of the company were exchanged, compared to its average volume of 73. The company has a market cap of $2.04 billion, a P/E ratio of 29.43 and a beta of 0.62. The business has a 50 day moving average of $7.85 and a 200-day moving average of $7.25. Konica Minolta has a 12-month low of $6.03 and a 12-month high of $9.14. The company has a current ratio of 1.81, a quick ratio of 1.22 and a debt-to-equity ratio of 0.38.

Konica Minolta (OTCMKTS:KNCAY) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.13 EPS for the quarter. The company had revenue of $1.62 billion for the quarter. On average, sell-side analysts predict that Konica Minolta will post 0.71 EPS for the current fiscal year.

Konica Minolta Company Profile

Konica Minolta, Inc is a Japanese technology company that provides imaging, printing, digital workplace and industrial solutions to businesses and other organizations worldwide. Its offerings include multifunctional office systems, production and commercial printing equipment, document-management software, workflow services and related IT solutions.

The company also develops healthcare products, including diagnostic imaging systems and solutions used by medical institutions, as well as industrial and measurement equipment.