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

Konica Minolta Inc. (OTCMKTS:KNCAYGet Free Report)’s share price gapped up prior to trading on Friday . The stock had previously closed at $7.3950, but opened at $8.29. Konica Minolta shares last traded at $8.29, with a volume of 260 shares trading hands.

Konica Minolta Trading Up 12.1%

The stock has a market cap of $2.05 billion, a PE ratio of -34.54 and a beta of 0.80. The company has a 50 day moving average of $6.84 and a two-hundred day moving average of $6.51. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.10 and a current ratio of 1.64.

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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