Ricoh (OTCMKTS:RICOY) Sets New 12-Month Low – Should You Sell?

Ricoh Co. (OTCMKTS:RICOY) shares reached a new 52-week low on Thursday . The stock traded as low as $8.0020 and last traded at $8.0020, with a volume of 184 shares. The stock had previously closed at $8.7004.

Ricoh Stock Performance

The company has a 50 day simple moving average of $8.89 and a 200 day simple moving average of $8.92. The stock has a market cap of $4.56 billion, a price-to-earnings ratio of 10.67 and a beta of 0.37. The company has a quick ratio of 1.06, a current ratio of 1.46 and a debt-to-equity ratio of 0.25.

Ricoh (OTCMKTS:RICOY) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.08. The company had revenue of $4.21 billion during the quarter, compared to the consensus estimate of $4.13 billion. Ricoh had a return on equity of 5.84% and a net margin of 2.50%. As a group, equities research analysts forecast that Ricoh Co. will post 0.69 EPS for the current year.

Ricoh Company Profile

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.