Ricoh (OTCMKTS:RICOY) Shares Pass Above Fifty Day Moving Average of $7.76

Shares of Ricoh Company, Ltd. (OTCMKTS:RICOY – Get Rating) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $7.76 and traded as high as $8.38. Ricoh shares last traded at $8.38, with a volume of 2,064 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Citigroup lowered shares of Ricoh from a “buy” rating to a “neutral” rating in a research note on Tuesday, March 14th.

Ricoh Trading Down 0.8 %

The company has a quick ratio of 0.99, a current ratio of 1.40 and a debt-to-equity ratio of 0.20. The company has a fifty day moving average of $7.79 and a two-hundred day moving average of $7.66. The stock has a market capitalization of $5.12 billion, a price-to-earnings ratio of 12.89, a P/E/G ratio of 0.50 and a beta of 0.77.

Ricoh (OTCMKTS:RICOY – Get Rating) last announced its quarterly earnings results on Monday, May 8th. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.03). The firm had revenue of $4.58 billion during the quarter, compared to analysts’ expectations of $3.99 billion. Ricoh had a net margin of 2.52% and a return on equity of 5.85%. On average, research analysts expect that Ricoh Company, Ltd. will post 0.75 EPS for the current year.

Ricoh Company Profile

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Ricoh Co, Ltd. engages in the development, production, sale, and provision of services for imaging systems, industrial printers, and network equipment. It operates through the following segments: Office Printing, Office Services, Commercial Printing, Industrial Printing, Thermal, and Others. The Office Printing segment provides multifunction devices, printers, and copiers for offices.