Ricoh (OTCMKTS:RICOY) Stock Price Up 6.5% – Here’s What Happened

Ricoh Co. (OTCMKTS:RICOY) was up 6.5% during trading on Friday. The stock traded as high as $10.76 and last traded at $10.76. Approximately 156 shares were traded during trading, a decline of 85% from the average session volume of 1,060 shares. The stock had previously closed at $10.10.

Ricoh Stock 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 company’s 50-day moving average is $10.95 and its two-hundred day moving average is $9.58. The company has a market capitalization of $6.13 billion, a P/E ratio of 11.09 and a beta of 0.48.

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

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.