Ricoh (OTCMKTS:RICOY) Sets New 12-Month High – Should You Buy?

Ricoh Co. (OTCMKTS:RICOY)’s stock price reached a new 52-week high during trading on Tuesday. The stock traded as high as $11.05 and last traded at $11.05, with a volume of 182 shares trading hands. The stock had previously closed at $10.9632.

Ricoh Price Performance

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 stock has a fifty day moving average of $10.10 and a 200-day moving average of $9.35. The stock has a market capitalization of $6.18 billion, a price-to-earnings ratio of 11.53 and a beta of 0.41.

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

About Ricoh

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.