Free Trial

Konica Minolta (OTCMKTS:KNCAY) Shares Up 14.8% - Here's What Happened

Konica Minolta logo with Computer and Technology background

Konica Minolta, Inc. (OTCMKTS:KNCAY - Get Free Report) shares traded up 14.8% during mid-day trading on Tuesday . The company traded as high as $6.51 and last traded at $6.45. 11,353 shares changed hands during mid-day trading, an increase of 269% from the average session volume of 3,074 shares. The stock had previously closed at $5.62.

Konica Minolta Stock Performance

The stock has a market cap of $1.59 billion, a price-to-earnings ratio of 53.75 and a beta of 0.80. The company's 50 day simple moving average is $5.66 and its 200 day simple moving average is $5.90. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.03 and a current ratio of 1.51.

Konica Minolta (OTCMKTS:KNCAY - Get Free Report) last issued its quarterly earnings results on Wednesday, July 31st. The company reported ($0.09) EPS for the quarter. Konica Minolta had a return on equity of 1.26% and a net margin of 0.58%. The business had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.69 billion. On average, equities research analysts anticipate that Konica Minolta, Inc. will post 0.02 earnings per share for the current year.

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.

Read More

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should you invest $1,000 in Konica Minolta right now?

Before you consider Konica Minolta, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Konica Minolta wasn't on the list.

While Konica Minolta currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines