Ricoh (OTCMKTS:RICOY) Shares Climb 15.6% – What’s Next?

Ricoh Co. (OTCMKTS:RICOY) shares traded up 15.6% on Monday. The stock traded as high as $12.25 and last traded at $12.25. Approximately 1,677 shares were traded during mid-day trading, an increase of 127% from the average daily volume of 738 shares. The stock had previously closed at $10.60.

Ricoh Stock Up 5.3%

The firm’s fifty day moving average price is $10.49 and its two-hundred day moving average price is $9.56. The stock has a market cap of $6.98 billion, a price-to-earnings ratio of 13.03 and a beta of 0.41. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.52 and a quick ratio of 1.12.

Ricoh (OTCMKTS:RICOY) last issued its earnings results on Thursday, August 6th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.11 by $0.30. Ricoh had a return on equity of 6.99% and a net margin of 3.10%. The company had revenue of $3.95 billion during the quarter, compared to the consensus estimate of $3.79 billion.

About Ricoh

Ricoh Company, Ltd. is a Japan-based technology company that provides digital workplace, document management and commercial printing solutions. Its offerings include multifunction printers, office copiers, printers, scanners, related software and workflow systems, as well as managed print and IT services designed to help organizations digitize and automate business processes.

The company also serves the production printing and graphic communications markets, providing high-volume digital printing equipment, software and support services.