Konica Minolta Inc. (OTCMKTS:KNCAY – Get Free Report)’s stock price dropped 10.4% on Monday. The company traded as low as $7.14 and last traded at $7.14. Approximately 343 shares changed hands during trading, a decline of 56% from the average daily volume of 787 shares. The stock had previously closed at $7.9650.
Konica Minolta Stock Performance
The company’s 50-day moving average price is $8.18 and its 200-day moving average price is $7.54. The firm has a market cap of $1.83 billion, a price-to-earnings ratio of 26.47 and a beta of 0.72. The company has a quick ratio of 1.22, a current ratio of 1.81 and a debt-to-equity ratio of 0.38.
About Konica Minolta
Konica Minolta, Inc. is a Japanese technology company that develops and sells office, production-printing, healthcare and industrial products and services. Its offerings include multifunction printers and copiers, commercial printing systems, document and workflow solutions, and related IT services for businesses. The company also serves healthcare customers with diagnostic imaging equipment and services, and industrial customers with products such as optical systems, sensing instruments and functional materials.
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