Ricoh (OTCMKTS:RICOY) Stock Price Crosses Above Fifty Day Moving Average – Here’s Why

Ricoh Company, Ltd. (OTCMKTS:RICOYGet Free Report)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $11.27 and traded as high as $11.40. Ricoh shares last traded at $11.40, with a volume of 608 shares trading hands.

Ricoh Price Performance

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 company has a market cap of $6.69 billion, a price-to-earnings ratio of 27.81 and a beta of 0.67. The stock’s 50-day simple moving average is $11.27 and its 200 day simple moving average is $10.18.

Ricoh Company Profile

(Get Free Report)

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.

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