Ricoh (OTCMKTS:RICOY) Posts Earnings Results, Beats Expectations By $0.09 EPS

by · The Cerbat Gem

Ricoh (OTCMKTS:RICOY – Get Free Report) posted its earnings results on Friday. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.09, Zacks reports. Ricoh had a net margin of 3.10% and a return on equity of 6.99%.

Ricoh Price Performance

OTCMKTS RICOY traded down $0.72 during mid-day trading on Friday, hitting $11.04. The stock had a trading volume of 778 shares, compared to its average volume of 875. The firm’s 50 day moving average is $10.87 and its 200 day moving average is $9.54. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.52 and a quick ratio of 1.12. The stock has a market capitalization of $6.29 billion, a price-to-earnings ratio of 11.74 and a beta of 0.48. Ricoh has a twelve month low of $8.00 and a twelve month high of $12.27.

Ricoh Company Profile

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Ricoh Company, Ltd. is a Japan-based technology company that provides digital workplace, document management and commercial printing solutions. Its offerings include multifunction printers, office copiers, printers, scanners, related software and workflow systems, as well as managed print and IT services designed to help organizations digitize and automate business processes.

The company also serves the production printing and graphic communications markets, providing high-volume digital printing equipment, software and support services.

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