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Ricoh (OTCMKTS:RICOY) Stock Passes Above Fifty Day Moving Average - Here's Why

Ricoh logo with Computer and Technology background

Shares of Ricoh Company, Ltd. (OTCMKTS:RICOY - Get Free Report) crossed 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 changing hands.

Ricoh Price Performance

The firm has a market capitalization of $6.40 billion, a price-to-earnings ratio of 23.18 and a beta of 0.68. 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 quick ratio of 1.06, a current ratio of 1.45 and a debt-to-equity ratio of 0.23.

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

Ricoh Company Profile

(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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