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

Ricoh Co. (OTCMKTS:RICOY)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $8.59, but opened at $9.15. Ricoh shares last traded at $9.15, with a volume of 189 shares.

Ricoh Price Performance

The company has a 50-day simple moving average of $8.56 and a 200-day simple moving average of $8.87. The stock has a market cap of $5.21 billion, a PE ratio of 14.08 and a beta of 0.31. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.46 and a quick ratio of 1.06.

Ricoh (OTCMKTS:RICOY) last announced its quarterly earnings results on Tuesday, May 12th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.05). Ricoh had a net margin of 2.13% and a return on equity of 4.93%. The firm had revenue of $4.61 billion during the quarter, compared to analysts’ expectations of $4.47 billion. Sell-side analysts anticipate that Ricoh Co. will post 0.73 EPS for the current fiscal year.

Ricoh Company Profile

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.