Ricoh (OTCMKTS:RICOY) Sees Strong Trading Volume – What’s Next?

Ricoh Co. (OTCMKTS:RICOY) saw unusually-high trading volume on Wednesday. 5,274 shares were traded during mid-day trading, an increase of 492% from the average daily volume of 891 shares. The stock last traded at $10.79 and had previously closed at $10.6550.

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 firm has a market capitalization of $6.19 billion, a PE ratio of 11.20 and a beta of 0.48. The business has a 50-day moving average price of $10.95 and a 200-day moving average price of $9.58.

Ricoh (OTCMKTS:RICOY) last announced its quarterly earnings data on Friday, November 6th. The company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.09. The firm had revenue of $4.20 billion for the quarter, compared to the consensus estimate of $4.20 billion. Ricoh had a return on equity of 7.15% and a net margin of 3.23%.

Ricoh Company Profile

Ricoh Company, Ltd. is a Japanese technology company that provides products and services for offices, workplaces, and commercial print operations. Its offerings include multifunction printers, copiers, printers, and related document-management solutions. The company also provides IT and digital services, including systems integration, cloud and workplace solutions, and support for business process improvement. Its portfolio extends to commercial and industrial printing technologies and imaging products.