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Konica Minolta (OTCMKTS:KNCAY) Stock Price Passes Above 50 Day Moving Average - What's Next?

Konica Minolta logo with Computer and Technology background

Konica Minolta, Inc. (OTCMKTS:KNCAY - Get Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty 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 trading hands.

Konica Minolta Price Performance

The company has a current ratio of 1.54, a quick ratio of 1.03 and a debt-to-equity ratio of 0.47. The company's 50 day moving average is $8.56 and its 200-day moving average is $6.66. The stock has a market cap of $2.11 billion, a PE ratio of -213.70 and a beta of 0.75.

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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