Ricoh (OTCMKTS:RICOY) Shares Gap Down – Time to Sell?

Shares of Ricoh Co. (OTCMKTS:RICOY) gapped down prior to trading on Monday. The stock had previously closed at $11.76, but opened at $10.90. Ricoh shares last traded at $10.90, with a volume of 125 shares.

Ricoh Stock Performance

The company’s 50-day moving average price is $10.94 and its 200 day moving average price is $9.57. The stock has a market capitalization of $5.93 billion, a PE ratio of 10.73 and a beta of 0.48. 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 announced its quarterly earnings results on Friday, November 6th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.09. Ricoh had a net margin of 3.23% and a return on equity of 7.15%. The company had revenue of $4.20 billion for the quarter, compared to analysts’ expectations of $4.20 billion.

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.