Ricoh Company, Ltd. (OTCMKTS:RICOY) Sees Significant Increase in Short Interest

Ricoh Company, Ltd. (OTCMKTS:RICOY) was the recipient of a significant growth in short interest during 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 short-interest ratio is currently 2.0 days.

Ricoh Price Performance

RICOY stock remained flat at $11.30 during trading on Wednesday. 116 shares of the company traded hands, compared to its average volume of 409. The stock has a market capitalization of $6.63 billion, a PE ratio of 27.56 and a beta of 0.66. The stock has a 50-day simple moving average of $11.40 and a 200 day simple moving average of $10.56. Ricoh has a one year low of $7.82 and a one year high of $12.20. The company has a current ratio of 1.37, a quick ratio of 1.01 and a debt-to-equity ratio of 0.25.

Ricoh (OTCMKTS:RICOY) last announced its quarterly earnings results on Friday, November 8th. The company reported $0.02 EPS for the quarter. Ricoh had a net margin of 1.55% and a return on equity of 3.58%. The business had revenue of $4.22 billion for the quarter. As a group, analysts anticipate that Ricoh will post 0.53 EPS for the current fiscal 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.