Ricoh Company, Ltd. (OTCMKTS:RICOY) Short Interest Update

Ricoh Company, Ltd. (OTCMKTS:RICOY) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 600 shares, a decline of 98.6% from the February 29th total of 42,800 shares. Based on an average trading volume of 500 shares, the short-interest ratio is presently 1.2 days.

Ricoh Trading Down 3.3 %

Shares of Ricoh stock traded down $0.30 on Thursday, hitting $8.70. The stock had a trading volume of 1,831 shares, compared to its average volume of 6,252. The company has a quick ratio of 0.96, a current ratio of 1.33 and a debt-to-equity ratio of 0.17. The stock has a market cap of $5.30 billion, a price-to-earnings ratio of 13.23 and a beta of 0.69. The stock’s 50-day simple moving average is $8.37 and its two-hundred day simple moving average is $8.20. Ricoh has a one year low of $6.96 and a one year high of $9.20.

Ricoh (OTCMKTS:RICOY) last released its quarterly earnings results on Tuesday, February 6th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. Ricoh had a net margin of 2.48% and a return on equity of 5.73%. The business had revenue of $3.96 billion during the quarter. As a group, sell-side analysts predict that Ricoh will post 0.6 EPS 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.