Marubeni (OTCMKTS:MARUY) Hits New 52-Week High - What's Next?

Key Points

• Marubeni Corp. reached a new 52-week high share price of $220.00, closing at $216.59 with a trading volume of 186 shares.
• The company's latest quarterly earnings showed an EPS of $6.47, surpassing estimates, while revenue was slightly below expectations at $14.38 billion.
• Marubeni has a market cap of $35.87 billion and maintains a P/E ratio of 10.38 and a debt-to-equity ratio of 0.54.

Marubeni Corp. (OTCMKTS:MARUY - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The company traded as high as $220.00 and last traded at $216.59, with a volume of 186 shares trading hands. The stock had previously closed at $213.76.

Marubeni Stock Up 1.0%

The stock has a fifty day moving average price of $202.22 and a two-hundred day moving average price of $177.32. The company has a market cap of $35.87 billion, a P/E ratio of 10.38, a price-to-earnings-growth ratio of 1.46 and a beta of 0.80. 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, August 1st. The conglomerate reported $6.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.26 by $0.21. The business had revenue of $14.38 billion during the quarter, compared to analyst estimates of $14.64 billion. Marubeni had a net margin of 6.52% and a return on equity of 14.00%. On average, research analysts expect that Marubeni Corp. will post 19.54 EPS for the current year.

Marubeni Company Profile

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.

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