Ricoh (OTCMKTS:RICOY) Lifted to Hold at Zacks Investment Research

Ricoh (OTCMKTS:RICOYGet Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Thursday, reports.

According to Zacks, “Ricoh Company, Ltd. manufactures and markets office automation equipment. The Company’s business segments are Imaging and Solutions, Industrial Products and Other. Ricoh’s products include copiers, facsimiles, image scanners, printers (MFPs, laser printers and GELJET printers), digital and advanced electronic devices, such as semiconductor devices. The company also provides digital cameras, industrial, medical, and office equipment leasing services, support loans to small businesses and independent medical doctors, and logistics services in the delivery, distribution, and storage of products, such as electronic products, office equipment, and electronic and machinery parts. Ricoh Company, Ltd. is headquartered in Tokyo, Japan. “

Ricoh stock opened at $8.83 on Thursday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.49 and a quick ratio of 1.13. The company has a market cap of $5.63 billion, a P/E ratio of 22.08 and a beta of 0.82. The firm’s 50 day simple moving average is $8.00 and its 200-day simple moving average is $8.68. Ricoh has a fifty-two week low of $6.93 and a fifty-two week high of $12.50.

Ricoh Company Profile (Get Rating)

Ricoh Company, Ltd. provides various office and commercial printing solutions and related solutions worldwide. It offers multifunctional printers, printers, industrial inkjets, garment and production printers, 3D printers, projectors, video and web conference systems, and interactive whiteboards, as well as inkjet heads and modules.

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