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Ricoh (OTCMKTS:RICOY) Stock Passes Below 50 Day Moving Average - Time to Sell?

Ricoh logo with Computer and Technology background

Key Points

  • Ricoh Co.'s stock has fallen below its 50-day moving average of $9.04, trading at $8.75, indicating potential selling pressure.
  • The company reported a net margin of 1.74% and earnings per share of $0.12 for the last quarter, matching analyst expectations.
  • With a market capitalization of $4.99 billion, Ricoh holds a P/E ratio of 17.50 and a debt-to-equity ratio of 0.28, reflecting a generally stable financial position.
  • Looking to export and analyze Ricoh data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Ricoh Co. (OTCMKTS:RICOY - Get Free Report)'s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $9.04 and traded as low as $8.75. Ricoh shares last traded at $8.75, with a volume of 804 shares.

Ricoh Trading Down 2.5%

The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.06 and a current ratio of 1.41. The company's fifty day simple moving average is $9.04 and its 200-day simple moving average is $9.74. The company has a market capitalization of $4.99 billion, a P/E ratio of 17.50 and a beta of 0.43.

Ricoh (OTCMKTS:RICOY - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.12. Ricoh had a net margin of 1.74% and a return on equity of 4.16%. The company had revenue of $3.94 billion for the quarter, compared to analysts' expectations of $593.33 billion. Research analysts predict 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.

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