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Ricoh (OTCMKTS:RICOY) Stock Price Passes Below 50 Day Moving Average - Should You Sell?

Ricoh logo with Computer and Technology background

Ricoh Company, Ltd. (OTCMKTS:RICOY - Get Free Report)'s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $10.33 and traded as low as $9.56. Ricoh shares last traded at $9.56, with a volume of 213 shares.

Ricoh Trading Down 0.7%

The business's 50-day moving average is $10.32 and its two-hundred day moving average is $10.67. The company has a current ratio of 1.37, a quick ratio of 1.01 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $5.41 billion, a PE ratio of 23.16 and a beta of 0.43.

Ricoh (OTCMKTS:RICOY - Get Free Report) last announced its quarterly earnings results on Wednesday, May 14th. The company reported $0.20 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.04. Ricoh had a net margin of 1.54% and a return on equity of 3.51%. The firm had revenue of $4.68 billion during the quarter, compared to analysts' expectations of $702.32 billion. On average, analysts predict that Ricoh Company, Ltd. will post 0.53 earnings per share for the current year.

Ricoh Company Profile

(Get Free Report)

Ricoh Company, Ltd. provides office, commercial printing, and related solutions worldwide. It operates through Digital services, Digital Products, Graphic Communications, Industrial Solutions, and Other segments. The company sells multifunctional printers (MFPs), laser printers, digital duplicators, wide format printers, facsimile machines, scanners, personal computers, servers, network equipment, related parts and supplies, services, and support and service and solutions related to documents.

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