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

Ricoh Co. (OTCMKTS:RICOY) gapped up before the market opened 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 trading hands.

Ricoh Price Performance

The company’s 50-day moving average is $9.31 and its 200-day moving average is $9.04. The firm has a market capitalization of $4.89 billion, a price-to-earnings ratio of 11.44 and a beta of 0.38. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.46 and a quick ratio of 1.06.

Ricoh (OTCMKTS:RICOY) last issued its quarterly earnings results on Thursday, February 5th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.17 by $0.08. The firm had revenue of $4.21 billion during the quarter, compared to analyst estimates of $4.13 billion. Ricoh had a net margin of 2.50% and a return on equity of 5.84%. On average, research 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.