Short Interest in Konica Minolta, Inc. (OTCMKTS:KNCAY) Decreases By 16.7%

Konica Minolta, Inc. (OTCMKTS:KNCAY) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 500 shares, a decrease of 16.7% from the February 28th total of 600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 5.0 days. Approximately 0.0% of the company’s stock are short sold.

Konica Minolta Stock Up 12.1 %

Shares of Konica Minolta stock opened at $6.60 on Wednesday. Konica Minolta has a 1 year low of $4.87 and a 1 year high of $9.30. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of -55.00 and a beta of 0.75. The company has a 50-day moving average of $7.12 and a 200 day moving average of $7.55. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.54 and a quick ratio of 1.06.

Konica Minolta (OTCMKTS:KNCAY) last announced its earnings results on Thursday, February 6th. The company reported ($0.07) earnings per share for the quarter. Konica Minolta had a negative net margin of 0.40% and a negative return on equity of 0.84%. As a group, sell-side analysts anticipate that Konica Minolta will post 0.05 earnings per share for the current fiscal 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.