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

Ricoh Company, Ltd. (OTCMKTS:RICOY) was the recipient of a large drop in short interest in the month of 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 volume of 100 shares, the short-interest ratio is currently 1.0 days. Approximately 0.0% of the company’s shares are short sold.

Ricoh Stock Up 3.3 %

Ricoh stock traded up $0.33 during mid-day trading on Wednesday, hitting $10.56. The company’s stock had a trading volume of 188 shares, compared to its average volume of 719. The firm’s 50 day moving average is $10.42 and its 200 day moving average is $10.87. The company has a market cap of $6.02 billion, a PE ratio of 25.77 and a beta of 0.56. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.37 and a quick ratio of 1.01. Ricoh has a 52-week low of $7.95 and a 52-week high of $12.20.

Ricoh (OTCMKTS:RICOY) last issued its earnings results on Thursday, February 13th. The company reported $0.16 earnings per share (EPS) for the quarter, beating 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 company had revenue of $3.84 billion during the quarter, compared to analyst estimates of $3.73 billion. On average, analysts anticipate 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.