Ricoh (OTCMKTS:RICOY) Shares Pass Below 50 Day Moving Average of $8.98

Ricoh Company, Ltd. (OTCMKTS:RICOY)’s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $8.98 and traded as low as $8.22. Ricoh shares last traded at $8.22, with a volume of 3,232 shares traded.

Ricoh Trading Up 0.5 %

The firm has a market capitalization of $5.01 billion, a PE ratio of 16.36 and a beta of 0.68. The firm’s 50-day simple moving average is $8.98 and its 200-day simple moving average is $8.67. The company has a quick ratio of 0.96, a current ratio of 1.33 and a debt-to-equity ratio of 0.17.

Ricoh (OTCMKTS:RICOY) last posted its quarterly earnings results on Tuesday, May 7th. The company reported $0.15 earnings per share (EPS) for the quarter. Ricoh had a return on equity of 4.26% and a net margin of 1.87%. The business had revenue of $4.39 billion for the quarter. Equities analysts expect that Ricoh Company, Ltd. will post 0.6 earnings per share for the current year.

Ricoh Company Profile

Ricoh Company, Ltd. provides office, commercial printing, and related solutions worldwide. It operates through Digital services, Digital Products, Graphic Communications, Industrial Solutions, and Other segments. The company sells multifunctional printers (MFPs), laser printers, digital duplicators, wide format printers, facsimile machines, scanners, personal computers, servers, network equipment, related parts and supplies, services, and support and service and solutions related to documents.