Ricoh (OTCMKTS:RICOY) Shares Gap Down – Time to Sell?

Shares of Ricoh Co. (OTCMKTS:RICOY) gapped down prior to trading on Thursday . The stock had previously closed at $9.47, but opened at $8.75. Ricoh shares last traded at $8.75, with a volume of 166 shares trading hands.

Ricoh Stock Down 7.6%

The company has a current ratio of 1.44, a quick ratio of 1.05 and a debt-to-equity ratio of 0.27. The stock’s fifty day moving average is $8.83 and its 200 day moving average is $8.96. The company has a market capitalization of $4.99 billion, a P/E ratio of 13.26 and a beta of 0.36.

Ricoh (OTCMKTS:RICOY) last issued its earnings results on Friday, November 7th. The company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.03. The business had revenue of $4.19 billion during the quarter, compared to analysts’ expectations of $4.30 billion. Ricoh had a net margin of 2.28% and a return on equity of 5.29%. Research analysts predict that Ricoh Co. will post 0.53 EPS for the current fiscal year.

About Ricoh

Ricoh Company, Ltd. is a Tokyo-based multinational technology firm specializing in imaging, document management, and digital services. The company’s core business revolves around the design, manufacturing and support of office equipment such as multifunction printers, copiers and production printing systems, complemented by software solutions that streamline document workflows and enhance collaboration in the workplace.

Beyond its traditional hardware offerings, Ricoh has expanded into managed IT services and digital workplace consultancy, helping organizations transition to cloud-based environments and optimize information management.