Ricoh (OTCMKTS:RICOY) Stock Price Up 6.5% – Here’s What Happened

Shares of Ricoh Co. (OTCMKTS:RICOY) traded up 6.5% during mid-day trading on Friday. The stock traded as high as $10.76 and last traded at $10.76. 156 shares changed hands during trading, a decline of 85% from the average session volume of 1,060 shares. The stock had previously closed at $10.10.

Ricoh Stock Performance

The company has a 50 day simple moving average of $10.95 and a 200-day simple moving average of $9.58. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.52 and a quick ratio of 1.12. The stock has a market cap of $6.13 billion, a P/E ratio of 11.09 and a beta of 0.48.

Ricoh (OTCMKTS:RICOY) last announced its quarterly earnings data on Friday, November 6th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.12 by $0.09. The firm had revenue of $4.20 billion for the quarter, compared to analyst estimates of $4.20 billion. Ricoh had a return on equity of 7.15% and a net margin of 3.23%.

Ricoh Company Profile

Ricoh Company, Ltd. is a Japanese technology company that provides products and services for offices, workplaces, and commercial print operations. Its offerings include multifunction printers, copiers, printers, and related document-management solutions. The company also provides IT and digital services, including systems integration, cloud and workplace solutions, and support for business process improvement. Its portfolio extends to commercial and industrial printing technologies and imaging products.