Ricoh (OTCMKTS:RICOY) Shares Gap Up – Time to Buy?

Shares of Ricoh Co. (OTCMKTS:RICOY) gapped up before the market opened on Thursday . The stock had previously closed at $8.7320, but opened at $9.5990. Ricoh shares last traded at $9.5990, with a volume of 135 shares.

Ricoh Stock Up 3.0%

The company has a current ratio of 1.44, a quick ratio of 1.05 and a debt-to-equity ratio of 0.27. The firm has a market cap of $5.47 billion, a price-to-earnings ratio of 14.54 and a beta of 0.40. The firm’s 50 day simple moving average is $8.90 and its two-hundred day simple moving average is $8.92.

Ricoh (OTCMKTS:RICOY) last issued its earnings results on Thursday, February 5th. The company reported $0.25 earnings per share for the quarter. Ricoh had a return on equity of 5.29% and a net margin of 2.28%. On average, equities analysts forecast that Ricoh Co. will post 0.53 EPS for the current year.

About Ricoh

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.