Ricoh (OTCMKTS:RICOY) Reaches New 1-Year High – Should You Buy?

Ricoh Co. (OTCMKTS:RICOY) reached a new 52-week high during trading on Friday. The company traded as high as $11.35 and last traded at $11.35, with a volume of 811 shares changing hands. The stock had previously closed at $10.8450.

Ricoh Stock Up 4.7%

The company has a market capitalization of $6.47 billion, a PE ratio of 12.07 and a beta of 0.41. 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 business has a fifty day moving average of $10.27 and a 200 day moving average of $9.44.

Ricoh (OTCMKTS:RICOY) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.11 by $0.30. Ricoh had a net margin of 3.10% and a return on equity of 6.99%. The business had revenue of $3.95 billion during the quarter, compared to analyst estimates of $3.79 billion.

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.