Ricoh (OTCMKTS:RICOY) Hits New 12-Month High – Here’s What Happened

Ricoh Co. (OTCMKTS:RICOY) reached a new 52-week high during trading on Tuesday. The company traded as high as $11.05 and last traded at $11.05, with a volume of 182 shares. The stock had previously closed at $10.9632.

Ricoh Stock Up 5.0%

The company has a market capitalization of $6.30 billion, a PE ratio of 11.76 and a beta of 0.39. The stock’s fifty day moving average is $10.03 and its two-hundred day moving average is $9.31. 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) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.30. The business had revenue of $3.95 billion during the quarter, compared to the consensus estimate 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 digital workplace, imaging and document-management solutions to businesses and other organizations. Its offerings include multifunction printers, office printers, scanners, related software and workflow-management tools designed to help customers manage, share and secure information.

The company also provides information technology and digital services, including cloud solutions, managed services, communications support, cybersecurity and workplace automation.