Ricoh (OTCMKTS:RICOY) Hits New 52-Week High – Should You Buy?

Ricoh Co. (OTCMKTS:RICOY) shares hit a new 52-week high during mid-day trading on Tuesday. The stock traded as high as $11.05 and last traded at $11.05, with a volume of 182 shares trading hands. The stock had previously closed at $10.9632.

Ricoh Price Performance

The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.12 and a current ratio of 1.52. The company has a market cap of $6.30 billion, a P/E ratio of 11.76 and a beta of 0.39. The firm has a 50 day moving average price of $10.03 and a two-hundred day moving average price of $9.31.

Ricoh (OTCMKTS:RICOY) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.30. Ricoh had a return on equity of 6.99% and a net margin of 3.10%.The business had revenue of $3.95 billion for the quarter, compared to analysts’ expectations of $3.79 billion.

Ricoh Company Profile

Ricoh Company, Ltd. is a Japan-based technology company that provides digital workplace, imaging and document-management solutions to businesses and other organizations. Its offerings include multifunction printers, office printers, scanners, related software and workflow-management tools designed to help customers manage, share and secure information.

The company also provides information technology and digital services, including cloud solutions, managed services, communications support, cybersecurity and workplace automation.