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

Konica Minolta, Inc. (OTCMKTS:KNCAY - Get Free Report) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 2,800 shares, a growth of 600.0% from the March 31st total of 400 shares. Based on an average daily trading volume, of 1,200 shares, the days-to-cover ratio is presently 2.3 days. Approximately 0.0% of the shares of the stock are sold short.

Konica Minolta Price Performance

Shares of OTCMKTS:KNCAY remained flat at $6.20 during midday trading on Wednesday. The firm has a market cap of $1.53 billion, a P/E ratio of -51.66 and a beta of 0.67. The firm's 50 day moving average is $6.30 and its 200 day moving average is $7.55. Konica Minolta has a twelve month low of $4.87 and a twelve month high of $9.30. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.54 and a quick ratio of 1.06.

Konica Minolta (OTCMKTS:KNCAY - Get Free Report) last released its quarterly earnings data 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%. Equities analysts expect that Konica Minolta will post 0.05 EPS for the current year.

About Konica Minolta

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.