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

Konica Minolta logo with Computer and Technology background

Konica Minolta Inc. (OTCMKTS:KNCAY - Get Free Report)'s share price gapped up prior to trading 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.

Konica Minolta Trading Up 16.4%

The firm has a market capitalization of $1.65 billion, a PE ratio of -55.50 and a beta of 0.79. The company has a quick ratio of 1.14, a current ratio of 1.63 and a debt-to-equity ratio of 0.45. The company's 50-day simple moving average is $6.10 and its 200 day simple moving average is $6.97.

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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