Ricoh (OTCMKTS:RICOY) Sets New 52-Week Low – What’s Next?

Ricoh Co. (OTCMKTS:RICOY) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $8.09 and last traded at $8.09, with a volume of 138 shares changing hands. The stock had previously closed at $8.69.

Ricoh Trading Down 5.9%

The company has a debt-to-equity ratio of 0.28, a current ratio of 1.44 and a quick ratio of 1.05. The firm has a market capitalization of $4.61 billion, a PE ratio of 16.18 and a beta of 0.32. The company’s fifty day simple moving average is $9.03 and its 200-day simple moving average is $9.36.

Ricoh (OTCMKTS:RICOY) last issued its earnings results on Thursday, August 7th. The company reported $0.12 EPS for the quarter, meeting analysts’ consensus estimates of $0.12. The business had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $593.33 billion. Ricoh had a net margin of 1.74% and a return on equity of 4.11%. As a group, sell-side analysts expect that Ricoh Co. will post 0.53 earnings per share for the current fiscal year.

About Ricoh

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.