Ricoh (OTCMKTS:RICOY) Shares Gap Up – Time to Buy?

Shares of Ricoh Co. (OTCMKTS:RICOY) gapped up prior to trading on Thursday . The stock had previously closed at $8.8550, but opened at $9.16. Ricoh shares last traded at $9.17, with a volume of 2,038 shares trading hands.

Ricoh Stock Up 3.6%

The company has a market cap of $5.22 billion, a PE ratio of 12.23 and a beta of 0.38. The firm has a 50-day simple moving average of $9.31 and a two-hundred day simple moving average of $9.05. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.46 and a quick ratio of 1.06.

Ricoh (OTCMKTS:RICOY) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.08. The business had revenue of $4.21 billion for the quarter, compared to analyst estimates of $4.13 billion. Ricoh had a return on equity of 5.84% and a net margin of 2.50%. Research analysts anticipate that Ricoh Co. will post 0.53 earnings per share 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.