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Marubeni (OTCMKTS:MARUY) Sets New 1-Year High - Here's What Happened

Marubeni logo with Multi-Sector Conglomerates background

Marubeni Corp. (OTCMKTS:MARUY - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $207.00 and last traded at $200.02, with a volume of 154769 shares traded. The stock had previously closed at $204.55.

Marubeni Price Performance

The company's 50-day moving average price is $186.04 and its 200-day moving average price is $164.39. The company has a quick ratio of 1.01, a current ratio of 1.42 and a debt-to-equity ratio of 0.54. The firm has a market cap of $33.50 billion, a price-to-earnings ratio of 10.18, a PEG ratio of 3.47 and a beta of 0.80.

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

About Marubeni

(Get Free Report)

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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