Short Interest in Ricoh Company, Ltd. (OTCMKTS:RICOY) Increases By 1,400.0%

Ricoh Company, Ltd. (OTCMKTS:RICOYGet Free Report) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totalling 1,500 shares, an increase of 1,400.0% from the April 30th total of 100 shares. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is presently 1.4 days.

Ricoh Stock Performance

Shares of RICOY stock traded up $0.29 during trading hours on Wednesday, hitting $8.55. 259 shares of the company were exchanged, compared to its average volume of 352. The firm has a fifty day simple moving average of $8.69 and a 200 day simple moving average of $8.25. Ricoh has a 52-week low of $6.96 and a 52-week high of $9.20. The stock has a market capitalization of $5.21 billion, a price-to-earnings ratio of 12.57 and a beta of 0.69. The company has a current ratio of 1.33, a quick ratio of 0.96 and a debt-to-equity ratio of 0.17.

About Ricoh

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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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