Ricoh Company, Ltd. (OTCMKTS:RICOY) Short Interest Down 55.6% in April

Ricoh Company, Ltd. (OTCMKTS:RICOY) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 400 shares, a drop of 55.6% from the March 31st total of 900 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 4.0 days.

Ricoh Price Performance

Shares of Ricoh stock remained flat at $8.78 on Friday. 33 shares of the stock traded hands, compared to its average volume of 4,061. Ricoh has a fifty-two week low of $6.96 and a fifty-two week high of $9.20. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.96 and a current ratio of 1.33. The company has a market cap of $5.35 billion, a P/E ratio of 12.90 and a beta of 0.69. The stock’s 50-day moving average is $8.61 and its 200-day moving average is $8.20.

Ricoh (OTCMKTS:RICOY) last issued its earnings results on Tuesday, February 6th. The company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. Ricoh had a return on equity of 5.73% and a net margin of 2.48%. The firm had revenue of $3.96 billion for the quarter. Equities research analysts anticipate that Ricoh will post 0.56 EPS for the current year.

About Ricoh

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.