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Ricoh (OTCMKTS:RICOY) Shares Gap Down - What's Next?

Ricoh logo with Computer and Technology background

Ricoh Co. (OTCMKTS:RICOY - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $10.12, but opened at $9.02. Ricoh shares last traded at $9.02, with a volume of 996 shares.

Ricoh Stock Performance

The firm's 50 day moving average price is $9.93 and its 200-day moving average price is $10.25. The firm has a market cap of $5.14 billion, a price-to-earnings ratio of 19.61 and a beta of 0.37. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.41 and a quick ratio of 1.06.

Ricoh (OTCMKTS:RICOY - Get Free Report) last issued its quarterly earnings data on Wednesday, May 14th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.04. The company had revenue of $4.68 billion during the quarter, compared to analysts' expectations of $702.32 billion. Ricoh had a return on equity of 3.91% and a net margin of 1.68%. On average, 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.

Further Reading

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