Free Trial

Ricoh (OTCMKTS:RICOY) Shares Down 5.6% - Time to Sell?

Ricoh logo with Computer and Technology background

Ricoh Co. (OTCMKTS:RICOY - Get Free Report)'s share price dropped 5.6% during mid-day trading on Friday . The company traded as low as $8.55 and last traded at $8.55. Approximately 120 shares were traded during trading, a decline of 78% from the average daily volume of 556 shares. The stock had previously closed at $9.06.

Ricoh Stock Down 5.6%

The company has a current ratio of 1.41, a quick ratio of 1.06 and a debt-to-equity ratio of 0.28. The stock's 50-day moving average is $9.83 and its 200-day moving average is $10.19. The company has a market cap of $4.87 billion, a price-to-earnings ratio of 18.59 and a beta of 0.37.

Ricoh (OTCMKTS:RICOY - Get Free Report) last released its quarterly earnings data on Wednesday, May 14th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.04. Ricoh had a net margin of 1.68% and a return on equity of 3.91%. The firm had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $702.32 billion. On average, analysts anticipate 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.

Featured Articles

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

5G Stocks: The Path Forward is Profitable Cover

Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

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

Featured Articles and Offers

Recent Videos

3 Hot Growth Stocks to Watch Right Now!
Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines