Ricoh Co. (OTCMKTS:RICOY – Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $10.9632 and last traded at $10.9632, with a volume of 157 shares. The stock had previously closed at $10.49.
Ricoh Stock Up 2.5%
The stock has a market capitalization of $6.25 billion, a price-to-earnings ratio of 11.66 and a beta of 0.39. The firm has a 50-day moving average of $9.65 and a 200 day moving average of $9.14. The company has a current ratio of 1.52, a quick ratio of 1.12 and a debt-to-equity ratio of 0.24.
Ricoh (OTCMKTS:RICOY – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.30. The company had revenue of $3.95 billion during the quarter, compared to analysts’ expectations of $3.79 billion. Ricoh had a net margin of 3.10% and a return on equity of 6.99%.
Ricoh Company Profile
Ricoh Company, Ltd. is a Japan-based technology company that provides workplace, printing, imaging and digital services. Its offerings include multifunction printers, copiers, production printers, document-management software, workflow solutions and related supplies and support services.
The company also provides information-technology and digital-transformation services designed to help organizations manage documents, automate business processes and operate hybrid workplaces. Ricoh serves commercial, public-sector and industrial customers through additional businesses that include commercial and industrial printing, industrial systems, visual communications and certain specialized imaging technologies.
Founded in 1936 as Riken Kankoshi Co, Ltd., Ricoh has expanded from its original focus on photographic and office-imaging products into a global technology and services provider.
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