Ricoh (OTCMKTS:RICOY) Shares Gap Down – What’s Next?

Shares of Ricoh Co. (OTCMKTS:RICOY) gapped down before the market opened on Thursday . The stock had previously closed at $9.64, but opened at $9.03. Ricoh shares last traded at $9.03, with a volume of 590 shares traded.

Ricoh Stock Performance

The company has a market cap of $5.29 billion, a P/E ratio of 14.28 and a beta of 0.37. The company has a 50 day moving average price of $8.95 and a 200-day moving average price of $8.99. The company has a quick ratio of 1.06, a current ratio of 1.49 and a debt-to-equity ratio of 0.25.

Ricoh (OTCMKTS:RICOY) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.05). The company had revenue of $4.61 billion for the quarter, compared to the consensus estimate of $4.47 billion. Ricoh had a net margin of 2.13% and a return on equity of 4.87%.

Ricoh Company Profile

Ricoh Company, Ltd. is a Tokyo-based multinational technology firm specializing in imaging, document management, and digital services. The company’s core business revolves around the design, manufacturing and support of office equipment such as multifunction printers, copiers and production printing systems, complemented by software solutions that streamline document workflows and enhance collaboration in the workplace.

Beyond its traditional hardware offerings, Ricoh has expanded into managed IT services and digital workplace consultancy, helping organizations transition to cloud-based environments and optimize information management.