Ricoh (OTCMKTS:RICOY) Stock Price Up 5.7% – Here’s What Happened

Shares of Ricoh Co. (OTCMKTS:RICOY) traded up 5.7% during trading on Friday . The stock traded as high as $8.5750 and last traded at $8.5750. 604 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 1,260 shares. The stock had previously closed at $8.11.

Ricoh Stock Performance

The company has a current ratio of 1.46, a quick ratio of 1.06 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $4.89 billion, a PE ratio of 11.43 and a beta of 0.38. The stock’s 50 day moving average price is $9.22 and its two-hundred day moving average price is $9.03.

Ricoh (OTCMKTS:RICOY) last posted its earnings results on Thursday, February 5th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.08. The firm had revenue of $4.21 billion for the quarter, compared to analyst estimates of $4.13 billion. Ricoh had a return on equity of 5.84% and a net margin of 2.50%. On average, equities analysts expect that Ricoh Co. will post 0.53 earnings per share for the current year.

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.