Ricoh (OTCMKTS:RICOY) Shares Cross Above 50 Day Moving Average – Time to Sell?

Shares of Ricoh Co. (OTCMKTS:RICOY) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $8.90 and traded as high as $9.64. Ricoh shares last traded at $9.64, with a volume of 194 shares trading hands.

Ricoh Trading Down 3.7%

The company has a debt-to-equity ratio of 0.25, a current ratio of 1.49 and a quick ratio of 1.06. The business’s 50-day moving average is $8.94 and its 200 day moving average is $8.99. The firm has a market capitalization of $5.29 billion, a P/E ratio of 14.28 and a beta of 0.37.

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

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.