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

Ricoh Co. (OTCMKTS:RICOY) shares gapped down before the market opened on Thursday . The stock had previously closed at $9.64, but opened at $9.03. Ricoh shares last traded at $9.03, with a volume of 590 shares changing hands.

Ricoh Stock Performance

The company has a current ratio of 1.49, a quick ratio of 1.06 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $5.14 billion, a PE ratio of 13.89 and a beta of 0.37. The firm’s 50-day simple moving average is $8.92 and its 200-day simple moving average is $8.98.

Ricoh (OTCMKTS:RICOY) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.05). Ricoh had a net margin of 2.13% and a return on equity of 4.87%. The company had revenue of $4.61 billion for the quarter, compared to the consensus estimate of $4.47 billion.

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.