Ricoh (OTCMKTS: RICOY) Ricoh’s stock rating downgraded by Zacks Investment Research
Ricoh (OTCMKTS: RICOY – Get a review) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note released Friday, Zacks.com reports.
According to Zacks, “Ricoh Company, Ltd. manufactures and markets office automation equipment. The Company’s segments are Imaging and Solutions, Industrial Products and Other. Ricoh’s products include copiers, fax machines, image scanners, printers (MFPs, laser printers and GELJET printers), digital and advanced electronic devices, such as semiconductor devices. The company also provides digital cameras, industrial, medical and office equipment rental services, small business and independent physician support loans, and logistics services for product delivery, distribution and storage. , such as electronic products, office equipment and electronic and machinery parts. Ricoh Company, Ltd. is headquartered in Tokyo, Japan. “
Shares of OTCMKTS RICOY opened at $8.20 on Friday. Ricoh has a 52-week minimum of $6.93 and a 52-week maximum of $12.50. The company has a fifty-day moving average of $8.11 and a 200-day moving average of $8.82. The stock has a market capitalization of $5.23 billion, a PE ratio of 20.50 and a beta of 0.82. The company has a quick ratio of 1.13, a current ratio of 1.49 and a debt ratio of 0.14.
About Ricoh (Get a rating)
Ricoh Company, Ltd. provides various office and commercial printing solutions and related solutions worldwide. It offers multifunction printers, printers, industrial inkjet printers, apparel and production printers, 3D printers, projectors, video and web conferencing systems, interactive whiteboards, as well as heads and inkjet modules.
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