Ricoh (OTCMKTS:RICOY) Shares Gap Up - Still a Buy?

Key Points

• Ricoh shares opened at $9.10 after closing at $8.70, marking a gap up in trading activity with a current trading volume of 152 shares.
• The company reported $0.12 earnings per share for the last quarter, meeting analysts' expectations, with total revenue reported at $3.94 billion.
• Ricoh maintains a market capitalization of $5.18 billion and a P/E ratio of 18.20, with a relatively low debt-to-equity ratio of 0.28.

Ricoh Co. (OTCMKTS:RICOY - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $8.70, but opened at $9.10. Ricoh shares last traded at $9.10, with a volume of 152 shares trading hands.

Ricoh Stock Up 4.6%

The firm has a market capitalization of $5.18 billion, a P/E ratio of 18.20 and a beta of 0.43. The firm's 50-day moving average is $9.01 and its 200 day moving average is $9.63. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.06 and a current ratio of 1.41.

Ricoh (OTCMKTS:RICOY - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.12 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.12. Ricoh had a net margin of 1.74% and a return on equity of 4.16%. The firm had revenue of $3.94 billion for the quarter, compared to analyst estimates of $593.33 billion. As a group, equities research analysts predict that Ricoh Co. will post 0.53 EPS for the current fiscal year.

Ricoh Company Profile

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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