Ricoh (OTCMKTS:RICOY) Sees Unusually-High Trading Volume – What’s Next?

Ricoh Co. (OTCMKTS:RICOY) saw an uptick in trading volume on Wednesday. 5,274 shares were traded during trading, an increase of 492% from the average daily volume of 891 shares. The stock last traded at $10.79 and had previously closed at $10.6550.

Ricoh Stock Up 0.3%

The business has a fifty day moving average price of $10.94 and a two-hundred day moving average price of $9.57. The company has a current ratio of 1.52, a quick ratio of 1.12 and a debt-to-equity ratio of 0.24. The company has a market cap of $5.95 billion, a price-to-earnings ratio of 10.77 and a beta of 0.48.

Ricoh (OTCMKTS:RICOY) last announced its quarterly earnings data on Friday, November 6th. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.09. Ricoh had a net margin of 3.23% and a return on equity of 7.15%. The firm had revenue of $4.20 billion for the quarter, compared to the consensus estimate of $4.20 billion.

Ricoh Company Profile

Ricoh Company, Ltd. is a Japanese technology company that provides products and services for offices, workplaces, and commercial print operations. Its offerings include multifunction printers, copiers, printers, and related document-management solutions. The company also provides IT and digital services, including systems integration, cloud and workplace solutions, and support for business process improvement. Its portfolio extends to commercial and industrial printing technologies and imaging products.