Ricoh (OTCMKTS:RICOY) raised to hold Zacks Investment Research

Ricoh (OTCMKTS: RICOY – Get a review) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note released Thursday to investors, 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. “

Ricoh stock opened at $8.83 on Thursday. The company has a debt ratio of 0.14, a current ratio of 1.49 and a quick ratio of 1.13. The company has a market capitalization of $5.63 billion, a P/E ratio of 22.08 and a beta of 0.82. The company’s 50-day simple moving average is $8.00 and its 200-day simple moving average is $8.68. Ricoh has a fifty-two week minimum of $6.93 and a fifty-two week maximum of $12.50.

Ricoh Company Profile (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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