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

Ricoh Co. (OTCMKTS:RICOY)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $9.47, but opened at $8.75. Ricoh shares last traded at $8.75, with a volume of 166 shares trading hands.

Ricoh Price Performance

The company has a 50-day moving average price of $8.84 and a 200-day moving average price of $8.95. 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 firm has a market capitalization of $4.99 billion, a P/E ratio of 13.26 and a beta of 0.36.

Ricoh (OTCMKTS:RICOY) last posted its earnings results on Friday, November 7th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.03. The company had revenue of $4.19 billion during the quarter, compared to analyst estimates of $4.30 billion. Ricoh had a return on equity of 5.29% and a net margin of 2.28%. On average, sell-side analysts predict that Ricoh Co. will post 0.53 earnings per share for the current 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.