Shares of Ricoh Co. (OTCMKTS:RICOY - Get Free Report) were down 7.7% during trading on Wednesday . The stock traded as low as $8.77 and last traded at $8.77. Approximately 324 shares were traded during trading, a decline of 70% from the average daily volume of 1,067 shares. The stock had previously closed at $9.50.
Ricoh Stock Down 7.7%
The company has a debt-to-equity ratio of 0.28, a current ratio of 1.44 and a quick ratio of 1.05. The firm's 50-day moving average price is $9.08 and its 200 day moving average price is $9.57. The firm has a market cap of $5.00 billion, a P/E ratio of 17.54 and a beta of 0.33.
Ricoh (OTCMKTS:RICOY - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.12 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 4.11%. The business had revenue of $3.94 billion for the quarter, compared to analysts' expectations of $593.33 billion. On average, equities research analysts expect that Ricoh Co. will post 0.53 earnings per share for the current fiscal 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.
Further Reading
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.
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
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.
Link copied to clipboard.
