Ricoh (OTCMKTS:RICOY) Shares Climb 6.5% – Should You Buy?

Ricoh Co. (OTCMKTS:RICOY)’s share price traded up 6.5% during trading on Friday. The company traded as high as $10.76 and last traded at $10.76. Approximately 156 shares changed hands during trading, a decline of 85% from the average daily volume of 1,060 shares. The stock had previously closed at $10.10.

Ricoh Trading Down 1.0%

The stock has a 50-day moving average of $10.96 and a 200 day moving average of $9.59. The stock has a market cap of $6.13 billion, a PE ratio of 11.09 and a beta of 0.48. The company has a quick ratio of 1.12, a current ratio of 1.52 and a debt-to-equity ratio of 0.24.

Ricoh (OTCMKTS:RICOY) last posted its quarterly earnings results on Friday, November 6th. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.09. Ricoh had a net margin of 3.23% and a return on equity of 7.15%. The company had revenue of $4.20 billion during the quarter, compared to analyst estimates of $4.20 billion.

About Ricoh

Ricoh Company, Ltd. is a Japanese technology company that provides products and services for offices, workplaces, and commercial print operations. Its offerings include multifunction printers, copiers, printers, and related document-management solutions. The company also provides IT and digital services, including systems integration, cloud and workplace solutions, and support for business process improvement. Its portfolio extends to commercial and industrial printing technologies and imaging products.