Ricoh (OTCMKTS:RICOY) Sees Large Volume Increase – What’s Next?

Shares of Ricoh Co. (OTCMKTS:RICOY) saw unusually-high trading volume on Friday . Approximately 501 shares traded hands during mid-day trading, a decline of 41% from the previous session’s volume of 856 shares.The stock last traded at $9.27 and had previously closed at $8.96.

Ricoh Price Performance

The company has a market capitalization of $5.28 billion, a price-to-earnings ratio of 14.26 and a beta of 0.38. The company has a current ratio of 1.49, a quick ratio of 1.12 and a debt-to-equity ratio of 0.25. The company has a 50 day moving average price of $9.06 and a 200 day moving average price of $9.02.

Ricoh (OTCMKTS:RICOY) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.05). The firm had revenue of $4.61 billion for the quarter, compared to analyst estimates of $4.47 billion. Ricoh had a net margin of 2.13% and a return on equity of 4.87%.

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.