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

Ricoh Co. (OTCMKTS:RICOY – Get Free Report) gapped up before the market opened on Wednesday. The stock had previously closed at $10.52, but opened at $10.94. Ricoh shares last traded at $10.94, with a volume of 292 shares.

Ricoh Trading Down 1.1%

The company has a quick ratio of 1.12, a current ratio of 1.52 and a debt-to-equity ratio of 0.24. The firm has a market cap of $6.23 billion, a P/E ratio of 11.64 and a beta of 0.41. The firm’s 50-day simple moving average is $10.06 and its 200 day simple moving average is $9.33.

Ricoh (OTCMKTS:RICOY – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.30. Ricoh had a return on equity of 6.99% and a net margin of 3.10%.The firm had revenue of $3.95 billion during the quarter, compared to analyst estimates of $3.79 billion.

About Ricoh

(Get Free Report)

Ricoh Company, Ltd. is a Japan-based technology company that provides digital workplace, imaging and document-management solutions to businesses and other organizations. Its offerings include multifunction printers, office printers, scanners, related software and workflow-management tools designed to help customers manage, share and secure information.

The company also provides information technology and digital services, including cloud solutions, managed services, communications support, cybersecurity and workplace automation.

Further Reading

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