Ricoh (OTCMKTS:RICOY) Shares Gap Up – Should You Buy?

Ricoh Co. (OTCMKTS:RICOY)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $8.11, but opened at $8.3204. Ricoh shares last traded at $8.3204, with a volume of 149 shares.

Ricoh Price Performance

The company has a quick ratio of 1.06, a current ratio of 1.46 and a debt-to-equity ratio of 0.25. The business’s 50 day moving average is $9.21 and its two-hundred day moving average is $9.03. The firm has a market cap of $4.89 billion, a P/E ratio of 11.43 and a beta of 0.38.

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