Ricoh (OTCMKTS:RICOY) Reaches New 12-Month High – What’s Next?

Shares of Ricoh Co. (OTCMKTS:RICOY) reached a new 52-week high on Friday. The stock traded as high as $11.35 and last traded at $11.35, with a volume of 811 shares. The stock had previously closed at $10.8450.

Ricoh Stock Up 4.7%

The stock has a market cap of $6.47 billion, a P/E ratio of 12.07 and a beta of 0.41. The company has a current ratio of 1.52, a quick ratio of 1.12 and a debt-to-equity ratio of 0.24. The stock’s 50-day moving average is $10.31 and its 200-day moving average is $9.46.

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

About Ricoh

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.