Konica Minolta (OTCMKTS:KNCAY) Stock Crosses Below 50-Day Moving Average – Should You Sell?

Konica Minolta, Inc. (OTCMKTS:KNCAY) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $7.98 and traded as low as $6.46. Konica Minolta shares last traded at $6.46, with a volume of 125 shares changing hands.

Konica Minolta Trading Down 12.1 %

The company has a quick ratio of 1.06, a current ratio of 1.54 and a debt-to-equity ratio of 0.47. The company’s 50-day moving average is $7.93 and its 200-day moving average is $7.40. The stock has a market capitalization of $1.60 billion, a price-to-earnings ratio of -53.83 and a beta of 0.76.

Konica Minolta (OTCMKTS:KNCAY) last announced its quarterly earnings results on Thursday, February 6th. The company reported ($0.07) earnings per share (EPS) for the quarter. Konica Minolta had a negative return on equity of 0.84% and a negative net margin of 0.40%. Research analysts anticipate that Konica Minolta, Inc. 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.