Ricoh (OTCMKTS:RICOY) Shares Gap Down – Here’s What Happened

by · The Markets Daily

Ricoh Co. (OTCMKTS:RICOY – Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $9.47, but opened at $9.0225. Ricoh shares last traded at $9.0225, with a volume of 177 shares trading hands.

Ricoh Stock Performance

The company has a 50 day simple moving average of $8.74 and a 200-day simple moving average of $8.95. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.44 and a quick ratio of 1.05. The stock has a market cap of $5.14 billion, a P/E ratio of 13.67 and a beta of 0.35.

Ricoh (OTCMKTS:RICOY – Get Free Report) last announced its quarterly earnings data on Friday, November 7th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.15 by $0.03. The firm had revenue of $4.19 billion for the quarter, compared to analyst estimates of $4.30 billion. Ricoh had a return on equity of 5.29% and a net margin of 2.28%. On average, equities analysts expect that Ricoh Co. will post 0.53 earnings per share for the current fiscal year.

Ricoh Company Profile

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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.

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