Konica Minolta (OTCMKTS:KNCAY) Reaches New 52-Week High – What’s Next?

Konica Minolta, Inc. (OTCMKTS:KNCAY)’s stock price reached a new 52-week high on Thursday . The company traded as high as $7.30 and last traded at $7.30, with a volume of 7630 shares traded. The stock had previously closed at $6.85.

Konica Minolta Stock Performance

The firm has a market cap of $1.80 billion, a PE ratio of 57.04 and a beta of 0.80. The company has a 50 day simple moving average of $5.70 and a 200-day simple moving average of $5.90. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.51 and a quick ratio of 1.03.

Konica Minolta (OTCMKTS:KNCAY) last announced its quarterly earnings results on Wednesday, July 31st. The company reported ($0.09) EPS for the quarter. The company had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.69 billion. Konica Minolta had a return on equity of 1.26% and a net margin of 0.58%. As a group, equities research analysts anticipate that Konica Minolta, Inc. will post 0.02 EPS for the current year.

Konica Minolta Company Profile

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.