Free Trial

Ricoh (OTCMKTS:RICOY) Shares Gap Up - Time to Buy?

Ricoh logo with Computer and Technology background

Key Points

  • Ricoh Co. shares gapped up prior to trading on Wednesday, opening at $9.69 after closing at $8.64 the previous day.
  • The company reported $0.12 earnings per share for the latest quarter, meeting analysts' expectations, with revenues of $3.94 billion.
  • Ricoh has a market cap of $5.11 billion and maintains a strong balance sheet with a debt-to-equity ratio of 0.28.
  • Looking to export and analyze Ricoh data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Shares of Ricoh Co. (OTCMKTS:RICOY - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $8.64, but opened at $9.69. Ricoh shares last traded at $9.69, with a volume of 312 shares trading hands.

Ricoh Price Performance

The firm has a market cap of $5.11 billion, a price-to-earnings ratio of 17.95 and a beta of 0.43. The company has a quick ratio of 1.06, a current ratio of 1.41 and a debt-to-equity ratio of 0.28. The company's 50-day moving average price is $9.03 and its 200-day moving average price is $9.84.

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. The firm had revenue of $3.94 billion during the quarter, compared to analysts' expectations of $593.33 billion. Ricoh had a return on equity of 4.16% and a net margin of 1.74%. On average, equities research analysts forecast that Ricoh Co. will post 0.53 EPS 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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Ricoh Right Now?

Before you consider Ricoh, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ricoh wasn't on the list.

While Ricoh currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Stocks With Explosive Upside
September Slowdown: 3 Stocks to Buy When the Pullback Comes
3 Overlooked Stocks Riding the AI Data Center Boom

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines