Ricoh Company, Ltd. (OTCMKTS:RICOY) Short Interest Up 700.0% in January

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 days-to-cover ratio is currently 2.0 days.

Ricoh Price Performance

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. The business has a 50 day moving average price of $11.40 and a 200-day moving average price of $10.56. The firm has a market capitalization of $6.63 billion, a PE ratio of 27.56 and a beta of 0.66. The company has a quick ratio of 1.01, a current ratio of 1.37 and a debt-to-equity ratio of 0.25. Ricoh has a 12 month low of $7.82 and a 12 month high of $12.20.

Ricoh (OTCMKTS:RICOY) last announced its 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 company had revenue of $4.22 billion during the quarter. On average, research analysts forecast that Ricoh will post 0.53 EPS 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.