Ricoh (OTCMKTS:RICOY) Shares Pass Above Fifty Day Moving Average – Time to Sell?

Ricoh Co. (OTCMKTS:RICOY) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $9.23 and traded as high as $9.41. Ricoh shares last traded at $9.41, with a volume of 210 shares trading hands.

Ricoh Stock Performance

The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.12 and a current ratio of 1.49. The business has a fifty day simple moving average of $9.24 and a 200 day simple moving average of $9.04. The company has a market cap of $5.36 billion, a P/E ratio of 14.48 and a beta of 0.38.

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