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

Ricoh Co. (OTCMKTS:RICOY)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $8.8550, but opened at $9.16. Ricoh shares last traded at $9.17, with a volume of 2,038 shares changing hands.

Ricoh Stock Up 3.6%

The company has a current ratio of 1.46, a quick ratio of 1.06 and a debt-to-equity ratio of 0.25. The firm has a 50 day moving average price of $9.31 and a 200-day moving average price of $9.05. The firm has a market cap of $5.22 billion, a price-to-earnings ratio of 12.23 and a beta of 0.38.

Ricoh (OTCMKTS:RICOY) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.08. The firm had revenue of $4.21 billion for the quarter, compared to analysts’ expectations of $4.13 billion. Ricoh had a net margin of 2.50% and a return on equity of 5.84%. On average, equities analysts forecast that Ricoh Co. will post 0.53 EPS for the current year.

Ricoh Company Profile

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.