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

Konica Minolta logo with Computer and Technology background

Shares of Konica Minolta Inc. (OTCMKTS:KNCAY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $5.60, but opened at $6.52. Konica Minolta shares last traded at $6.52, with a volume of 1,755 shares traded.

Konica Minolta Trading Up 16.4%

The company has a 50 day moving average of $6.26 and a two-hundred day moving average of $6.72. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.14 and a current ratio of 1.63. The stock has a market capitalization of $1.61 billion, a PE ratio of -54.33 and a beta of 0.82.

About Konica Minolta

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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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