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

Konica Minolta logo with Computer and Technology background

Konica Minolta, Inc. (OTCMKTS:KNCAY - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $8.52 and traded as low as $7.45. Konica Minolta shares last traded at $7.86, with a volume of 1,736 shares.

Konica Minolta Stock Performance

The company has a current ratio of 1.54, a quick ratio of 1.06 and a debt-to-equity ratio of 0.47. The firm has a market cap of $1.94 billion, a PE ratio of -65.49 and a beta of 0.76. The business has a fifty day moving average price of $8.47 and a 200 day moving average price of $7.20.

Konica Minolta (OTCMKTS:KNCAY - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The company reported ($0.07) EPS for the quarter. Konica Minolta had a negative net margin of 0.40% and a negative return on equity of 0.84%. Analysts forecast that Konica Minolta, Inc. will post 0.05 EPS for the current year.

Konica Minolta Company Profile

(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.

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