Konica Minolta, Inc. (OTCMKTS:KNCAY) Short Interest Up 58.3% in April

Konica Minolta, Inc. (OTCMKTS:KNCAY) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 3,800 shares, a growth of 58.3% from the March 31st total of 2,400 shares. Based on an average daily volume of 11,200 shares, the short-interest ratio is currently 0.3 days.

Konica Minolta Stock Up 0.4 %

OTCMKTS:KNCAY traded up $0.03 during trading hours on Friday, reaching $6.48. 4,251 shares of the company traded hands, compared to its average volume of 4,971. Konica Minolta has a 1 year low of $5.45 and a 1 year high of $8.29. The stock has a market capitalization of $1.60 billion, a P/E ratio of -2.04 and a beta of 0.94. The business’s 50-day moving average price is $6.61 and its two-hundred day moving average price is $6.20. The company has a current ratio of 1.34, a quick ratio of 0.89 and a debt-to-equity ratio of 0.37.

Konica Minolta (OTCMKTS:KNCAY) last announced its quarterly earnings results on Thursday, February 1st. The company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $2 billion. Konica Minolta had a negative net margin of 9.56% and a negative return on equity of 21.29%. Analysts predict that Konica Minolta will post 0.19 earnings per share 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.