Marubeni (OTCMKTS:MARUY) Reaches New 12-Month High - Still a Buy?

Key Points

• Marubeni Corp.'s stock reached a new 52-week high at $213.88 but is currently trading at $204.82, reflecting a minor decline of 2.1%.
• In its latest quarterly earnings, Marubeni reported earnings per share (EPS) of $3.08, falling short of the consensus estimate of $3.43, with a revenue of $14.24 billion.
• The company has a market capitalization of $34.02 billion and a current ratio of 1.42, indicating good liquidity.

Marubeni Corp. (OTCMKTS:MARUY - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $213.88 and last traded at $204.82, with a volume of 7633 shares traded. The stock had previously closed at $209.22.

Marubeni Trading Down 2.6%

The company's 50 day simple moving average is $200.98 and its 200 day simple moving average is $175.11. The firm has a market cap of $33.47 billion, a price-to-earnings ratio of 10.17, a P/E/G ratio of 3.54 and a beta of 0.79. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.42 and a quick ratio of 1.01.

Marubeni (OTCMKTS:MARUY - Get Free Report) last posted its quarterly earnings results on Friday, May 2nd. The conglomerate reported $3.08 EPS for the quarter, missing the consensus estimate of $3.43 by ($0.35). The business had revenue of $14.24 billion during the quarter. Marubeni had a return on equity of 13.37% and a net margin of 6.45%. As a group, research analysts expect that Marubeni Corp. will post 19.54 earnings per share for the current fiscal year.

About Marubeni

Marubeni Corporation engages in various business activities. It manufactures, wholesales, and retails apparel, footwear, home furnishing and sport goods, industrial and textile materials, tire and rubber materials, and household and nursing care products; develops uranium, nuclear fuel cycle, iron ore, coking coal, copper mines, and related equipment and services; smelts and refines aluminum and magnesium; leases temporary steel construction materials; explores for, develops, and produces oil and gas; manages infrastructure funds; and develops and manages real estate.