Konica Minolta Inc. (OTCMKTS:KNCAY) Short Interest Update

Konica Minolta Inc. (OTCMKTS:KNCAYGet Free Report) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 90 shares, an increase of ∞ from the April 30th total of 0 shares. Based on an average daily volume of 278 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are short sold.

Konica Minolta Stock Performance

Konica Minolta stock remained flat at $6.56 during midday trading on Monday. The company had a trading volume of 3 shares, compared to its average volume of 206. Konica Minolta has a fifty-two week low of $5.60 and a fifty-two week high of $9.14. The company has a market cap of $1.62 billion, a price-to-earnings ratio of -131.20 and a beta of 0.64. The firm has a 50 day moving average price of $6.59 and a 200-day moving average price of $7.67. The company has a current ratio of 1.73, a quick ratio of 1.14 and a debt-to-equity ratio of 0.40.

About Konica Minolta

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Konica Minolta, Inc is a Tokyo‐based multinational technology company specializing in imaging and information management solutions. The company’s core offerings include networked multifunction printers, production printing systems, document management software and IT services aimed at helping organizations streamline workflows and improve productivity. Through its Digital Workplace Business, Konica Minolta provides hardware, software and consulting services designed to optimize document-intensive processes across corporate, legal, healthcare and educational environments.

In addition to office and production print, Konica Minolta has developed a strong presence in the healthcare sector.

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