Ricoh (OTCMKTS:RICOY) Shares Gap Up – What’s Next?

Ricoh Co. (OTCMKTS:RICOY)’s share price gapped up prior to trading on Monday . The stock had previously closed at $8.60, but opened at $9.47. Ricoh shares last traded at $9.47, with a volume of 599 shares changing hands.

Ricoh Price Performance

The stock’s 50-day moving average is $8.70 and its 200 day moving average is $8.94. The stock has a market capitalization of $5.40 billion, a PE ratio of 14.35 and a beta of 0.35. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.05 and a current ratio of 1.44.

Ricoh (OTCMKTS:RICOY) last posted its earnings results on Friday, November 7th. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.03. The business had revenue of $4.19 billion for the quarter, compared to analysts’ expectations of $4.30 billion. Ricoh had a return on equity of 5.29% and a net margin of 2.28%. As a group, equities analysts expect that Ricoh Co. will post 0.53 earnings per share for the current year.

Ricoh Company Profile

Ricoh Company, Ltd. provides office, commercial printing, and related solutions worldwide. It operates through Digital services, Digital Products, Graphic Communications, Industrial Solutions, and Other segments. The company sells multifunctional printers (MFPs), laser printers, digital duplicators, wide format printers, facsimile machines, scanners, personal computers, servers, network equipment, related parts and supplies, services, and support and service and solutions related to documents.