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Ricoh (OTCMKTS:RICOY) Stock Passes Above 50 Day Moving Average - Should You Sell?

Ricoh logo with Computer and Technology background

Ricoh Company, Ltd. (OTCMKTS:RICOY - Get Free Report)'s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $10.30 and traded as high as $10.90. Ricoh shares last traded at $10.90, with a volume of 264 shares trading hands.

Ricoh Stock Performance

The stock's 50-day moving average price is $10.36 and its 200-day moving average price is $9.34. The company has a market cap of $6.40 billion, a P/E ratio of 23.18 and a beta of 0.68. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.45 and a quick ratio of 1.06.

Ricoh (OTCMKTS:RICOY - Get Free Report) last posted its quarterly earnings data on Tuesday, August 6th. The company reported $0.08 earnings per share for the quarter. Ricoh had a net margin of 1.80% and a return on equity of 4.08%. The business had revenue of $3.68 billion during the quarter. Equities analysts anticipate that Ricoh Company, Ltd. will post 0.56 EPS for the current year.

About Ricoh

(Get Free Report)

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.

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