Marubeni (OTCMKTS:MARUY) Sets New 52-Week High - Should You Buy?

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.

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

Marubeni Trading Up 1.4%

The stock's fifty day moving average price is $204.94 and its 200 day moving average price is $180.89. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.44 and a quick ratio of 1.01. The stock has a market capitalization of $36.59 billion, a P/E ratio of 10.59, a PEG ratio of 1.56 and a beta of 0.80.

Marubeni (OTCMKTS:MARUY - Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The conglomerate reported $6.47 EPS for the quarter, topping analysts' consensus estimates of $6.26 by $0.21. Marubeni had a net margin of 6.52% and a return on equity of 13.84%. The firm had revenue of $14.38 billion for the quarter, compared to analysts' expectations of $14.64 billion. Research analysts forecast that Marubeni Corp. will post 19.54 earnings per share 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.