Marubeni (OTCMKTS:MARUY) Hits New 1-Year High - Here's Why

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.

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

Marubeni Trading Up 0.1%

The company has a market cap of $36.70 billion, a price-to-earnings ratio of 10.62, a PEG ratio of 1.55 and a beta of 0.80. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.01 and a current ratio of 1.42. The business's 50 day moving average price is $203.18 and its 200-day moving average price is $179.30.

Marubeni (OTCMKTS:MARUY - Get Free Report) last issued its quarterly earnings data on Friday, August 1st. The conglomerate reported $6.47 EPS for the quarter, topping analysts' consensus estimates of $6.26 by $0.21. The firm had revenue of $14.38 billion for 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 forecast that Marubeni Corp. will post 19.54 EPS for the current 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.