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

Key Points

• Ricoh's shares gapped down from $9.15 to $8.80, representing a decline of 6.2% before the market opened on Thursday.
• The company reported $0.12 earnings per share for the last quarter, aligning with analysts' expectations, and has total revenues of $3.94 billion for the quarter.
• Ricoh possesses a market cap of $5.01 billion and a relatively low debt-to-equity ratio of 0.28, indicating a stable financial structure.

Ricoh Co. (OTCMKTS:RICOY - Get Free Report)'s stock price gapped down before the market opened on Thursday . The stock had previously closed at $9.15, but opened at $8.80. Ricoh shares last traded at $8.80, with a volume of 862 shares trading hands.

Ricoh Stock Down 6.2%

The stock has a market cap of $5.01 billion, a PE ratio of 17.60 and a beta of 0.32. The company has a current ratio of 1.44, a quick ratio of 1.05 and a debt-to-equity ratio of 0.28. The business has a 50-day moving average price of $9.06 and a 200-day moving average price of $9.47.

Ricoh (OTCMKTS:RICOY - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported $0.12 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.12. Ricoh had a return on equity of 4.11% and a net margin of 1.74%.The firm had revenue of $3.94 billion for the quarter, compared to analyst estimates of $593.33 billion. As a group, analysts forecast that Ricoh Co. will post 0.53 earnings per share for the current year.

About Ricoh

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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