Ricoh (OTCMKTS:RICOY) Stock Price Passes Above 50-Day Moving Average – What’s Next?

Ricoh Co. (OTCMKTS:RICOY)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $8.88 and traded as high as $8.9154. Ricoh shares last traded at $8.9154, with a volume of 146 shares.

Ricoh Trading Down 0.2%

The business has a 50 day moving average of $8.88 and a two-hundred day moving average of $8.92. The firm has a market cap of $5.08 billion, a P/E ratio of 13.51 and a beta of 0.36. The company has a current ratio of 1.44, a quick ratio of 1.05 and a debt-to-equity ratio of 0.27.

Ricoh (OTCMKTS:RICOY) last posted its earnings results on Friday, November 7th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.03. Ricoh had a net margin of 2.28% and a return on equity of 5.29%. The company had revenue of $4.19 billion during the quarter, compared to analysts’ expectations of $4.30 billion. Analysts predict that Ricoh Co. will post 0.53 earnings per share for the current year.

About Ricoh

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.