Ricoh (OTCMKTS:RICOY) Shares Gap Up – Should You Buy?

Ricoh Co. (OTCMKTS:RICOY)’s share price gapped up prior to trading on Wednesday. The stock had previously closed at $10.60, but opened at $11.5950. Ricoh shares last traded at $11.5950, with a volume of 184 shares changing hands.

Ricoh Stock Performance

The company has a current ratio of 1.52, a quick ratio of 1.12 and a debt-to-equity ratio of 0.24. The company’s fifty day moving average is $10.45 and its 200 day moving average is $9.54. The company has a market cap of $6.63 billion, a P/E ratio of 12.37 and a beta of 0.41.

Ricoh (OTCMKTS:RICOY) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.30. Ricoh had a net margin of 3.10% and a return on equity of 6.99%. The business had revenue of $3.95 billion during the quarter, compared to the consensus estimate of $3.79 billion.

Ricoh Company Profile

Ricoh Company, Ltd. is a Japan-based technology company that provides digital workplace, document management and commercial printing solutions. Its offerings include multifunction printers, office copiers, printers, scanners, related software and workflow systems, as well as managed print and IT services designed to help organizations digitize and automate business processes.

The company also serves the production printing and graphic communications markets, providing high-volume digital printing equipment, software and support services.