Short Interest in Ricoh Company, Ltd. (OTCMKTS:RICOY) Drops By 80.0%

Ricoh Company, Ltd. (OTCMKTS:RICOY) was the recipient of a significant drop in short interest in March. As of March 15th, there was short interest totalling 100 shares, a drop of 80.0% from the February 28th total of 500 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 1.0 days. Approximately 0.0% of the shares of the stock are sold short.

Ricoh Stock Down 5.0 %

Shares of Ricoh stock traded down $0.52 during midday trading on Friday, hitting $10.04. The company’s stock had a trading volume of 504 shares, compared to its average volume of 700. Ricoh has a 1-year low of $7.95 and a 1-year high of $12.20. The company has a quick ratio of 1.01, a current ratio of 1.37 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $5.72 billion, a P/E ratio of 24.49 and a beta of 0.56. The stock has a 50-day simple moving average of $10.41 and a 200-day simple moving average of $10.86.

Ricoh (OTCMKTS:RICOY) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.06. Ricoh had a net margin of 1.54% and a return on equity of 3.51%. The business had revenue of $3.84 billion during the quarter, compared to analysts’ expectations of $3.73 billion. As a group, sell-side analysts expect that Ricoh will post 0.53 earnings per share for the current year.

About Ricoh

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.