Ricoh (OTCMKTS:RICOY) Shares Gap Up – Time to Buy?

Ricoh Co. (OTCMKTS:RICOY) gapped up before the market opened on Thursday. The stock had previously closed at $10.10, but opened at $10.56. Ricoh shares last traded at $10.70, with a volume of 1,110 shares.

Ricoh Stock Performance

The stock has a market cap of $6.13 billion, a price-to-earnings ratio of 11.09 and a beta of 0.48. The company has a quick ratio of 1.12, a current ratio of 1.52 and a debt-to-equity ratio of 0.24. The company has a 50 day simple moving average of $10.95 and a 200 day simple moving average of $9.57.

Ricoh (OTCMKTS:RICOY) last posted its quarterly earnings results on Friday, November 6th. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.09. The company had revenue of $4.20 billion for the quarter, compared to the consensus estimate of $4.20 billion. Ricoh had a net margin of 3.23% and a return on equity of 7.15%.

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.