The stock of RICOH CO LTD RICOH ORD SHS (LON:RICO) hit a new 52-week low and has GBX 747.12 target or 12.00% below today’s GBX 849.00 share price. The 9 months bearish chart indicates high risk for the GBX company. The 1-year low was reported on Nov, 10 by Barchart.com. If the GBX 747.12 price target is reached, the company will be worth GBX less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock increased 4.81% or GBX 39 on November 10, hitting GBX 849. About 2,500 shares traded hands. RICOH CO LTD RICOH ORD SHS (LON:RICO) has declined 26.43% since April 13, 2016 and is downtrending. It has underperformed by 32.08% the S&P500.
Another recent and important RICOH CO LTD RICOH ORD SHS (LON:RICO) news was published by Uk.Finance.Yahoo.com which published an article titled: “PEG Ratio (5 yr expected):” on March 27, 2014.
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