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Ricoh (OTCMKTS:RICOY) Shares Pass Above Fifty Day Moving Average - What's Next?

Ricoh logo with Computer and Technology background

Ricoh Company, Ltd. (OTCMKTS:RICOY - Get Free Report)'s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $10.76 and traded as high as $11.40. Ricoh shares last traded at $11.40, with a volume of 4,317 shares trading hands.

Ricoh Stock Performance

The company has a market capitalization of $6.69 billion, a PE ratio of 24.26 and a beta of 0.68. The company has a quick ratio of 1.06, a current ratio of 1.45 and a debt-to-equity ratio of 0.23. The stock's fifty day simple moving average is $10.79 and its 200-day simple moving average is $9.53.

Ricoh (OTCMKTS:RICOY - Get Free Report) last issued its quarterly earnings results on Tuesday, August 6th. The company reported $0.08 earnings per share for the quarter. The company had revenue of $3.68 billion during the quarter. Ricoh had a net margin of 1.80% and a return on equity of 4.08%. On average, research analysts predict 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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