Ricoh (OTCMKTS:RICOY) Shares Gap Down – Time to Sell?
by Renee Jackson · The Cerbat GemRicoh Co. (OTCMKTS:RICOY – Get Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $9.64, but opened at $8.96. Ricoh shares last traded at $8.96, with a volume of 126 shares trading hands.
Ricoh Stock Down 3.4%
The company has a market capitalization of $5.10 billion, a P/E ratio of 13.78 and a beta of 0.37. The company has a current ratio of 1.49, a quick ratio of 1.12 and a debt-to-equity ratio of 0.25. The stock has a 50 day moving average price of $8.97 and a 200 day moving average price of $9.00.
Ricoh (OTCMKTS:RICOY – Get Free Report) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.05). Ricoh had a net margin of 2.13% and a return on equity of 4.87%. The business had revenue of $4.61 billion for the quarter, compared to the consensus estimate of $4.47 billion.
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.