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

Key Points

• Ricoh shares gapped down before trading Wednesday, opening at $8.20 after a prior close of $9.19 and last trading at $8.30 on light volume (533 shares).
• The company beat quarterly estimates with EPS of $0.25 versus $0.17 expected and revenue of $4.21 billion versus $4.13 billion, and analysts forecast about 0.69 EPS for the current year.
• Valuation and technicals show a market cap of roughly $4.8 billion, a P/E of 11.21, 50-/200-day simple moving averages at $8.64/$8.88, a low beta of 0.37 and modest leverage (debt/equity 0.25), suggesting relatively low volatility and stable financial footing.

Shares of Ricoh Co. (OTCMKTS:RICOY - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $9.19, but opened at $8.20. Ricoh shares last traded at $8.30, with a volume of 533 shares.

Ricoh Trading Up 5.1%

The business's 50-day simple moving average is $8.64 and its two-hundred day simple moving average is $8.88. The company has a current ratio of 1.46, a quick ratio of 1.06 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $4.79 billion, a PE ratio of 11.21 and a beta of 0.37.

Ricoh (OTCMKTS:RICOY - Get Free Report) last announced its earnings results on Thursday, February 5th. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.08. The business had revenue of $4.21 billion for the quarter, compared to analyst estimates of $4.13 billion. Ricoh had a return on equity of 5.84% and a net margin of 2.50%. On average, analysts predict that Ricoh Co. will post 0.69 earnings per share for the current year.

About Ricoh

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.

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