Ricoh (OTCMKTS:RICOY) Shares Gap Down – Time to Sell?

Ricoh Co. (OTCMKTS:RICOY) shares gapped down prior to trading on Monday . The stock had previously closed at $9.4850, but opened at $8.76. Ricoh shares last traded at $8.76, with a volume of 724 shares.

Ricoh Stock Down 2.7%

The stock has a fifty day moving average of $9.19 and a two-hundred day moving average of $9.03. The company has a quick ratio of 1.12, a current ratio of 1.49 and a debt-to-equity ratio of 0.25. The stock has a market cap of $4.99 billion, a price-to-earnings ratio of 13.48 and a beta of 0.38.

Ricoh (OTCMKTS:RICOY) last announced its quarterly earnings results on Tuesday, May 12th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.05). The firm had revenue of $4.61 billion for the quarter, compared to analyst estimates of $4.47 billion. Ricoh had a return on equity of 4.87% and a net margin of 2.13%.

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.