Ricoh (OTCMKTS:RICOY – Get Free Report) issued its earnings results on Tuesday. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.05), Zacks reports. Ricoh had a net margin of 2.50% and a return on equity of 5.84%.
Ricoh Trading Up 4.6%
RICOY stock traded up $0.39 during trading on Tuesday, hitting $8.80. 524 shares of the company traded hands, compared to its average volume of 991. The firm has a market capitalization of $5.01 billion, a PE ratio of 11.73 and a beta of 0.31. Ricoh has a 1 year low of $8.00 and a 1 year high of $11.45. The company has a 50-day moving average of $8.58 and a 200-day moving average of $8.87. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.06 and a current ratio of 1.46.
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.
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