Ricoh Co Ltd (RICOY) Upgraded to Hold at Zacks Investment Research
Ricoh Co Ltd (NASDAQ:RICOY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Thursday.
According to Zacks, “Ricoh Company, Ltd. manufactures and markets office automation equipment. The Company’s business segments are Imaging and Solutions, Industrial Products and Other. Ricoh’s products include copiers, facsimiles, image scanners, printers (MFPs, laser printers and GELJET printers), digital and advanced electronic devices, such as semiconductor devices. The company also provides digital cameras, industrial, medical, and office equipment leasing services, support loans to small businesses and independent medical doctors, and logistics services in the delivery, distribution, and storage of products, such as electronic products, office equipment, and electronic and machinery parts. Ricoh Company, Ltd. is headquartered in Tokyo, Japan. “
Ricoh Co (NASDAQ:RICOY) opened at 8.79 on Thursday. The company has a market capitalization of $6.37 billion and a P/E ratio of 11.69. The company has a 50-day moving average of $9.24 and a 200-day moving average of $9.17. Ricoh Co has a 1-year low of $8.13 and a 1-year high of $11.26.
Ricoh Co Company Profile
RICOH COMPANY, LTD. is a Japan-based company mainly engaged in the provision of office and industrial equipment. The Company operates in three business segments. The Image & Solution segment is engaged in the manufacture and sale of office equipment, including copiers, multi-functional printers (MFPs), production printers and personal computers (PCs) or servers, as well as the provision of various support services.
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