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Konica Minolta (OTCMKTS:KNCAY) Shares Gap Up - Still a Buy?

Konica Minolta logo with Computer and Technology background

Konica Minolta Inc. (OTCMKTS:KNCAY - Get Free Report)'s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $5.72, but opened at $6.66. Konica Minolta shares last traded at $6.66, with a volume of 100 shares traded.

Konica Minolta Price Performance

The company has a debt-to-equity ratio of 0.45, a current ratio of 1.63 and a quick ratio of 1.14. The firm has a 50-day moving average of $6.15 and a 200-day moving average of $6.92. The stock has a market cap of $1.65 billion, a PE ratio of -55.50 and a beta of 0.79.

Konica Minolta Company Profile

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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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