Ricoh (OTCMKTS:RICOY) Shares Gap Up – What’s Next?

Ricoh Co. (OTCMKTS:RICOY) shares gapped up before the market opened on Thursday . The stock had previously closed at $8.7320, but opened at $9.5990. Ricoh shares last traded at $9.5990, with a volume of 135 shares.

Ricoh Stock Up 3.0%

The stock has a 50 day moving average price of $8.90 and a 200 day moving average price of $8.92. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.05 and a current ratio of 1.44. The company has a market capitalization of $5.47 billion, a P/E ratio of 14.54 and a beta of 0.40.

Ricoh (OTCMKTS:RICOY) last issued its earnings results on Thursday, February 5th. The company reported $0.25 earnings per share for the quarter. Ricoh had a net margin of 2.28% and a return on equity of 5.29%. Equities research analysts forecast that Ricoh Co. will post 0.53 earnings per share for the current fiscal year.

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.