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Marubeni (OTCMKTS:MARUY) Hits New 12-Month High - Here's Why

Marubeni logo with Multi-Sector Conglomerates background

Key Points

  • Shares of Marubeni Corp. reached a new 52-week high of $225.00, closing at $224.97 after trading 7278 shares on Wednesday.
  • The company reported earnings of $6.47 per share for the latest quarter, surpassing expectations by $0.21, with a net margin of 6.52%.
  • Marubeni has a market cap of $37.36 billion and a P/E ratio of 10.81, indicating strong financial metrics amidst its diversified operations.
  • MarketBeat previews the top five stocks to own by October 1st.

Marubeni Corp. (OTCMKTS:MARUY - Get Free Report)'s stock price hit a new 52-week high on Wednesday . The stock traded as high as $225.00 and last traded at $224.97, with a volume of 7278 shares traded. The stock had previously closed at $220.99.

Marubeni Price Performance

The company has a market cap of $36.59 billion, a price-to-earnings ratio of 10.59, a price-to-earnings-growth ratio of 1.55 and a beta of 0.80. The company has a fifty day moving average price of $204.94 and a two-hundred day moving average price of $181.13. The company has a current ratio of 1.44, a quick ratio of 1.01 and a debt-to-equity ratio of 0.55.

Marubeni (OTCMKTS:MARUY - Get Free Report) last announced its quarterly earnings data on Friday, August 1st. The conglomerate reported $6.47 earnings per share for the quarter, topping the consensus estimate of $6.26 by $0.21. Marubeni had a return on equity of 13.84% and a net margin of 6.52%. The company had revenue of $14.38 billion for the quarter, compared to analyst estimates of $14.64 billion. As a group, equities research analysts anticipate that Marubeni Corp. will post 19.54 EPS for the current fiscal 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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