Short Interest in Konica Minolta, Inc. (OTCMKTS:KNCAY) Rises By 20.0%

Konica Minolta, Inc. (OTCMKTS:KNCAY) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 600 shares, an increase of 20.0% from the January 31st total of 500 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is presently 1.2 days.

Konica Minolta Stock Performance

Shares of Konica Minolta stock remained flat at $6.46 on Thursday. 4 shares of the stock were exchanged, compared to its average volume of 575. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.06 and a current ratio of 1.54. The stock has a market cap of $1.60 billion, a price-to-earnings ratio of -53.83 and a beta of 0.76. The firm’s 50 day simple moving average is $7.81 and its 200 day simple moving average is $7.44. Konica Minolta has a 12 month low of $4.87 and a 12 month high of $9.30.

Konica Minolta (OTCMKTS:KNCAY) last released its earnings results on Thursday, February 6th. The company reported ($0.07) earnings per share for the quarter. Konica Minolta had a negative return on equity of 0.84% and a negative net margin of 0.40%. On average, equities research analysts expect that Konica Minolta will post 0.05 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.