Ricoh (OTCMKTS:RICOY) Shares Climb 15.6% – What’s Next?

Ricoh Co. (OTCMKTS:RICOY) traded up 15.6% during mid-day trading on Monday. The stock traded as high as $12.25 and last traded at $12.25. 1,677 shares changed hands during mid-day trading, an increase of 127% from the average session volume of 738 shares. The stock had previously closed at $10.60.

Ricoh Stock Up 5.3%

The firm has a market cap of $6.98 billion, a P/E ratio of 13.03 and a beta of 0.41. The stock’s 50 day simple moving average is $10.49 and its 200 day simple moving average is $9.56. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.12 and a current ratio of 1.52.

Ricoh (OTCMKTS:RICOY) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.30. Ricoh had a net margin of 3.10% and a return on equity of 6.99%. The firm had revenue of $3.95 billion for the quarter, compared to the consensus estimate of $3.79 billion.

About Ricoh

Ricoh Company, Ltd. is a Japan-based technology company that provides digital workplace, document management and commercial printing solutions. Its offerings include multifunction printers, office copiers, printers, scanners, related software and workflow systems, as well as managed print and IT services designed to help organizations digitize and automate business processes.

The company also serves the production printing and graphic communications markets, providing high-volume digital printing equipment, software and support services.