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Ricoh (OTCMKTS:RICOY) Shares Gap Down - Should You Sell?

Ricoh logo with Computer and Technology background

Ricoh Co. (OTCMKTS:RICOY - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $8.96, but opened at $8.52. Ricoh shares last traded at $8.52, with a volume of 117 shares traded.

Ricoh Price Performance

The company has a current ratio of 1.41, a quick ratio of 1.06 and a debt-to-equity ratio of 0.28. The firm has a market cap of $4.92 billion, a P/E ratio of 18.78 and a beta of 0.37. The company has a fifty day moving average price of $9.96 and a two-hundred day moving average price of $10.37.

Ricoh (OTCMKTS:RICOY - Get Free Report) last announced its earnings results on Wednesday, May 14th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.16 by $0.04. The firm had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $702.32 billion. Ricoh had a net margin of 1.68% and a return on equity of 3.91%. Equities analysts anticipate that Ricoh Co. will post 0.53 earnings per share for the current year.

About Ricoh

(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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