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

Ricoh Company, Ltd. (OTCMKTS:RICOY) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 500 shares, a growth of 400.0% from the March 15th total of 100 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is currently 1.0 days. Currently, 0.0% of the shares of the company are short sold.

Ricoh Price Performance

Ricoh stock remained flat at $9.95 during mid-day trading on Wednesday. The company’s stock had a trading volume of 42 shares, compared to its average volume of 636. The business has a fifty day moving average of $9.94 and a two-hundred day moving average of $10.79. 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 1 year low of $7.95 and a 1 year high of $12.20. The company has a market capitalization of $5.67 billion, a P/E ratio of 24.27 and a beta of 0.39.

Ricoh (OTCMKTS:RICOY) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.06. The business had revenue of $3.84 billion for the quarter, compared to analysts’ expectations of $3.73 billion. Ricoh had a return on equity of 3.51% and a net margin of 1.54%. Research analysts expect that Ricoh will post 0.53 earnings per share 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.