Short Interest in Ricoh Company, Ltd. (OTCMKTS:RICOY) Grows By 700.0%

Ricoh Company, Ltd. (OTCMKTS:RICOY) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 800 shares, a growth of 700.0% from the December 31st total of 100 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 2.0 days.

Ricoh Price Performance

Shares of RICOY stock remained flat at $11.30 during mid-day trading on Wednesday. The company’s stock had a trading volume of 116 shares, compared to its average volume of 409. Ricoh has a twelve month low of $7.82 and a twelve month 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 stock has a 50-day moving average of $11.40 and a 200-day moving average of $10.56. The firm has a market capitalization of $6.63 billion, a price-to-earnings ratio of 27.56 and a beta of 0.66.

Ricoh (OTCMKTS:RICOY) last released its quarterly earnings results on Friday, November 8th. The company reported $0.02 EPS for the quarter. Ricoh had a return on equity of 3.58% and a net margin of 1.55%. The firm had revenue of $4.22 billion during the quarter. Analysts expect that Ricoh will post 0.53 EPS 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.