Ricoh (OTCMKTS:RICOY) Reaches New 12-Month High – Time to Buy?

Ricoh Co. (OTCMKTS:RICOY)’s stock price hit a new 52-week high during trading on Thursday. The stock traded as high as $11.63 and last traded at $11.63, with a volume of 2,184 shares traded. The stock had previously closed at $10.60.

Ricoh Stock Performance

The company has a market capitalization of $6.63 billion, a PE ratio of 12.37 and a beta of 0.41. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.12 and a current ratio of 1.52. The business has a fifty day moving average price of $10.49 and a 200 day moving average price of $9.56.

Ricoh (OTCMKTS:RICOY) last posted its earnings results 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. Ricoh had a net margin of 3.10% and a return on equity of 6.99%. The firm had revenue of $3.95 billion during the quarter, compared to the consensus estimate of $3.79 billion.

About Ricoh

Ricoh Company, Ltd. is a Japan-based technology company that provides digital workplace, document management and commercial printing solutions. Its offerings include multifunction printers, office copiers, printers, scanners, related software and workflow systems, as well as managed print and IT services designed to help organizations digitize and automate business processes.

The company also serves the production printing and graphic communications markets, providing high-volume digital printing equipment, software and support services.