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

Konica Minolta, Inc. (OTCMKTS:KNCAY) was the target of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 500 shares, a drop of 16.7% from the February 28th total of 600 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 100 shares, the short-interest ratio is presently 5.0 days.

Konica Minolta Stock Performance

KNCAY traded up $0.71 during trading on Tuesday, hitting $6.60. The stock had a trading volume of 827 shares, compared to its average volume of 493. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.54 and a quick ratio of 1.06. 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 price of $7.15 and a 200-day moving average price of $7.54. Konica Minolta has a one year low of $4.87 and a one year high of $9.30.

Konica Minolta (OTCMKTS:KNCAY) last released its quarterly earnings results on Thursday, February 6th. The company reported ($0.07) EPS 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, research analysts predict that Konica Minolta will post 0.05 EPS for the current 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.