Ricoh (OTCMKTS:RICOY) Trading Up 5.7% – Time to Buy?

Ricoh Co. (OTCMKTS:RICOY)’s stock price was up 5.7% during mid-day trading on Friday . The company traded as high as $8.5750 and last traded at $8.5750. Approximately 604 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 1,260 shares. The stock had previously closed at $8.11.

Ricoh Stock Up 5.7%

The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.06 and a current ratio of 1.46. The firm has a market capitalization of $4.89 billion, a PE ratio of 11.43 and a beta of 0.38. The company has a fifty day moving average price of $9.21 and a 200-day moving average price of $9.02.

Ricoh (OTCMKTS:RICOY) last posted its earnings results on Thursday, February 5th. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.08. Ricoh had a net margin of 2.50% and a return on equity of 5.84%. The firm had revenue of $4.21 billion during the quarter, compared to analyst estimates of $4.13 billion. As a group, analysts expect that Ricoh Co. will post 0.53 earnings per share 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.