Marubeni (OTCMKTS:MARUY) Reaches New 1-Year High - Still a Buy?

Key Points

• Marubeni Corp. shares reached a new **52-week high** of **$247.25**, reflecting strong trading volume of **2,283 shares**.
• Zacks Research upgraded Marubeni from a **"hold"** to a **"strong-buy"** rating, contributing to a consensus rating of **"Strong Buy"** among analysts.
• The company reported **earnings per share (EPS)** of **$6.47**, surpassing estimates and indicating a **net margin** of **6.52%** in its latest earnings release.

Marubeni Corp. (OTCMKTS:MARUY - Get Free Report)'s stock price hit a new 52-week high on Monday . The stock traded as high as $247.25 and last traded at $247.25, with a volume of 2283 shares changing hands. The stock had previously closed at $245.39.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Marubeni from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, According to MarketBeat, Marubeni presently has a consensus rating of "Strong Buy".

Marubeni Price Performance

The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.06 and a current ratio of 1.44. The company has a market cap of $41.25 billion, a P/E ratio of 11.93, a P/E/G ratio of 1.72 and a beta of 0.69. The stock has a 50-day simple moving average of $221.64 and a 200 day simple moving average of $195.69.

Marubeni (OTCMKTS:MARUY - Get Free Report) last posted its earnings results on Friday, August 1st. The conglomerate reported $6.47 EPS for the quarter, topping the consensus estimate of $6.26 by $0.21. The business had revenue of $14.38 billion during the quarter, compared to the consensus estimate of $14.64 billion. Marubeni had a return on equity of 13.84% and a net margin of 6.52%. On average, equities 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.