Konica Minolta (OTCMKTS:KNCAY) Shares Cross Below 50 Day Moving Average of $6.10

Konica Minolta, Inc. (OTCMKTS:KNCAY) shares crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $6.10 and traded as low as $5.68. Konica Minolta shares last traded at $5.68, with a volume of 121 shares trading hands.

Konica Minolta Stock Performance

The stock has a market capitalization of $1.47 billion, a PE ratio of 47.29 and a beta of 0.84. The stock has a 50 day moving average of $6.08 and a two-hundred day moving average of $6.19. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.34 and a quick ratio of 0.89.

Konica Minolta (OTCMKTS:KNCAY) last announced its quarterly earnings results on Tuesday, May 14th. The company reported $0.24 earnings per share (EPS) for the quarter. The business had revenue of $2.14 billion during the quarter, compared to the consensus estimate of $2.01 billion. Konica Minolta had a net margin of 0.34% and a return on equity of 0.75%. Research analysts expect that Konica Minolta, Inc. will post 0.09 EPS for the current fiscal year.

About Konica Minolta

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.