Ricoh (OTCMKTS:RICOY) Shares Gap Up - Should You Buy?

Key Points

• Ricoh Co. (OTCMKTS:RICOY) shares gapped up from $9.21 to $9.65, representing a gain of 4.8% as of Friday's trading session.
• The company reported $0.12 earnings per share, meeting analysts' expectations, with quarterly revenue of $3.94 billion.
• Ricoh maintains a market capitalization of $5.50 billion and a low debt-to-equity ratio of 0.28, indicating a manageable level of debt.

Ricoh Co. (OTCMKTS:RICOY - Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $9.21, but opened at $9.65. Ricoh shares last traded at $9.65, with a volume of 186 shares traded.

Ricoh Stock Up 4.8%

The company has a quick ratio of 1.05, a current ratio of 1.44 and a debt-to-equity ratio of 0.28. The company has a market cap of $5.50 billion, a price-to-earnings ratio of 19.30 and a beta of 0.33. The stock has a fifty day moving average price of $9.03 and a two-hundred day moving average price of $9.57.

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