Is Konica Minolta Poised for Growth After Strong Five Year Share Price Rally?
Trying to decide what to do with Konica Minolta? You are definitely not alone. With the stock closing at 527.6, it has been a fascinating year for shareholders and new investors alike. After years of rebuilding its core business, Konica Minolta is once again on investors’ radars, and for good reason.
Despite some recent turbulence as the stock dipped -2.7% over the last week, those who have looked further back will notice some remarkable momentum. Year to date, the price has fallen -18.1%, which might have some worried, but the longer-term story is far more compelling: up 18.9% over the past year and a significant 106.6% over five years. That kind of turnaround is difficult to ignore and suggests a shifting perception of risk and…
