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Konica Minolta (OTCMKTS:KNCAY) Shares Gap Down - Here's Why

Konica Minolta logo with Computer and Technology background

Konica Minolta Inc. (OTCMKTS:KNCAY - Get Free Report)'s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $6.48, but opened at $5.60. Konica Minolta shares last traded at $5.60, with a volume of 160 shares trading hands.

Konica Minolta Price Performance

The stock's 50-day moving average is $6.25 and its 200 day moving average is $6.73. The company has a market cap of $1.38 billion, a PE ratio of -46.66 and a beta of 0.82. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.63 and a quick ratio of 1.14.

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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