Ricoh (OTCMKTS:RICOY) Reaches New 1-Year High – What’s Next?

Ricoh Co. (OTCMKTS:RICOY)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $10.9632 and last traded at $10.9632, with a volume of 157 shares trading hands. The stock had previously closed at $10.49.

Ricoh Stock Performance

The firm has a market cap of $6.25 billion, a PE ratio of 11.66 and a beta of 0.39. The firm has a fifty day simple moving average of $9.73 and a two-hundred day simple moving average of $9.16. The company has a current ratio of 1.52, a quick ratio of 1.12 and a debt-to-equity ratio of 0.24.

Ricoh (OTCMKTS:RICOY) last announced its earnings results on Thursday, August 6th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.30. Ricoh had a return on equity of 6.99% and a net margin of 3.10%.The company had revenue of $3.95 billion during the quarter, compared to the consensus estimate of $3.79 billion.

Ricoh Company Profile

Ricoh Company, Ltd. is a Japan-based technology company that provides workplace, printing, imaging and digital services. Its offerings include multifunction printers, copiers, production printers, document-management software, workflow solutions and related supplies and support services.

The company also provides information-technology and digital-transformation services designed to help organizations manage documents, automate business processes and operate hybrid workplaces. Ricoh serves commercial, public-sector and industrial customers through additional businesses that include commercial and industrial printing, industrial systems, visual communications and certain specialized imaging technologies.

Founded in 1936 as Riken Kankoshi Co, Ltd., Ricoh has expanded from its original focus on photographic and office-imaging products into a global technology and services provider.