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

Ricoh Company, Ltd. (OTCMKTS:RICOY) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 600 shares, a decline of 25.0% from the December 31st total of 800 shares. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is currently 0.4 days.

Ricoh Price Performance

OTCMKTS:RICOY remained flat at $11.30 during trading hours on Friday. 37 shares of the company were exchanged, compared to its average volume of 393. Ricoh has a 1 year low of $7.82 and a 1 year high of $12.20. The stock has a 50 day moving average price of $11.41 and a 200-day moving average price of $10.60. The stock has a market cap of $6.63 billion, a P/E ratio of 27.56 and a beta of 0.66. 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 announced its earnings results on Friday, November 8th. The company reported $0.02 earnings per share (EPS) for the quarter. Ricoh had a return on equity of 3.58% and a net margin of 1.55%. The company had revenue of $4.22 billion for the quarter. As a group, sell-side analysts anticipate that Ricoh will post 0.53 earnings per share for the current fiscal 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.