Marubeni (OTCMKTS:MARUY) Sees Strong Trading Volume - Time to Buy?

Key Points

• Trading surge: Marubeni saw a 432% increase in mid-day volume to 158,138 shares, with the stock last trading around $348.71 versus a prior close of $336.56.
• Analyst outlook: Coverage is mixed but constructive — MarketBeat shows a consensus of “Moderate Buy,” with Goldman Sachs issuing a Buy and Zacks moving the stock from Strong Sell to Hold.
• Fundamentals and recent results: The company reported an EPS miss ($5.01 vs. $5.39 expected) and slightly lower-than-expected revenue, while trading at a PE of 16.88 (market cap ~$57.8B) with a PEG of 1.62 and debt/equity of 0.48.

Marubeni Corp. (OTCMKTS:MARUY - Get Free Report) saw strong trading volume on Tuesday . 158,138 shares traded hands during mid-day trading, an increase of 432% from the previous session's volume of 29,752 shares.The stock last traded at $348.7070 and had previously closed at $336.56.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Zacks Research raised shares of Marubeni from a "strong sell" rating to a "hold" rating in a research report on Wednesday, February 25th. The Goldman Sachs Group assumed coverage on Marubeni in a research note on Tuesday, January 6th. They issued a "buy" rating for the company. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Marubeni presently has a consensus rating of "Moderate Buy".

Marubeni Price Performance

The company's 50-day simple moving average is $341.16 and its 200 day simple moving average is $283.88. The company has a market cap of $57.76 billion, a PE ratio of 16.88, a PEG ratio of 1.62 and a beta of 0.57. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.02 and a current ratio of 1.42.

Marubeni (OTCMKTS:MARUY - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The conglomerate reported $5.01 earnings per share for the quarter, missing analysts' consensus estimates of $5.39 by ($0.38). The company had revenue of $12.64 billion for the quarter, compared to analysts' expectations of $12.83 billion. Marubeni had a return on equity of 12.96% and a net margin of 6.21%. On average, sell-side analysts predict that Marubeni Corp. will post 19.54 earnings per share for the current fiscal year.

About Marubeni

Marubeni Corporation OTCMKTS: MARUY is a major Japanese sogo shosha, or integrated trading and investment company, headquartered in Tokyo. The firm conducts a broad range of commercial activities that span commodity trading, project development, investment and financing, and supply-chain services. Marubeni operates through a network of subsidiaries, joint ventures and branch offices to support cross-border trade and large-scale industrial projects.

The company's activities cover a wide set of industry sectors, including energy and power, metals and minerals, chemicals and industrial materials, food and consumer products, transportation and industrial machinery, and infrastructure.

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