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

Ricoh Company, Ltd. (OTCMKTS:RICOY) was the target of a significant growth in short interest in 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 presently 2.0 days.

Ricoh Price Performance

RICOY remained flat at $11.30 during trading on Wednesday. The company’s stock had a trading volume of 116 shares, compared to its average volume of 409. Ricoh has a 12-month low of $7.82 and a 12-month high of $12.20. 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 stock has a fifty day simple moving average of $11.40 and a 200 day simple moving average of $10.56. The stock has a market cap of $6.63 billion, a price-to-earnings ratio of 27.56 and a beta of 0.66.

Ricoh (OTCMKTS:RICOY) last released 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 firm had revenue of $4.22 billion for 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.