Ricoh (OTCMKTS:RICOY) Shares Gap Down – Should You Sell?

Ricoh Co. (OTCMKTS:RICOY)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $10.22, but opened at $9.3750. Ricoh shares last traded at $9.3750, with a volume of 101 shares trading hands.

Ricoh Stock Performance

The company has a quick ratio of 1.05, a current ratio of 1.44 and a debt-to-equity ratio of 0.27. The stock has a market cap of $5.34 billion, a price-to-earnings ratio of 12.50 and a beta of 0.40. The stock’s fifty day moving average is $9.32 and its 200-day moving average is $9.02.

Ricoh (OTCMKTS:RICOY) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.08. Ricoh had a net margin of 2.50% and a return on equity of 5.92%. The company had revenue of $4.21 billion for the quarter, compared to analysts’ expectations of $4.13 billion. On average, analysts forecast that Ricoh Co. will post 0.53 EPS for the current 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.