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

Ricoh Company, Ltd. (OTCMKTS:RICOY) saw 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 trading volume, of 100 shares, the short-interest ratio is currently 1.0 days. Approximately 0.0% of the company’s shares are sold short.

Ricoh Trading Up 3.3 %

Shares of RICOY stock traded up $0.33 on Thursday, reaching $10.56. 188 shares of the stock were exchanged, compared to its average volume of 719. The stock has a 50 day moving average price of $10.42 and a 200 day moving average price of $10.87. The stock has a market cap of $6.02 billion, a PE ratio of 25.77 and a beta of 0.56. Ricoh has a one year low of $7.95 and a one year high of $12.20. 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 (OTCMKTS:RICOY) last released 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. The company had revenue of $3.84 billion for the quarter, compared to the consensus estimate of $3.73 billion. Ricoh had a net margin of 1.54% and a return on equity of 3.51%. Equities research analysts forecast 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.