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Marubeni (OTCMKTS:MARUY) Shares Cross Above 50 Day Moving Average - Time to Sell?

Marubeni logo with Multi-Sector Conglomerates background

Marubeni Corp. (OTCMKTS:MARUY - Get Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $194.07 and traded as high as $206.99. Marubeni shares last traded at $206.50, with a volume of 4,280 shares traded.

Marubeni Stock Performance

The firm has a market capitalization of $34.30 billion, a price-to-earnings ratio of 10.42, a P/E/G ratio of 3.56 and a beta of 0.79. The stock's fifty day moving average is $194.69 and its two-hundred day moving average is $168.40. The company has a quick ratio of 1.01, a current ratio of 1.42 and a debt-to-equity ratio of 0.54.

Marubeni (OTCMKTS:MARUY - Get Free Report) last issued its earnings results on Friday, May 2nd. The conglomerate reported $3.08 earnings per share for the quarter, missing analysts' consensus estimates of $3.43 by ($0.35). The firm 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, analysts predict that Marubeni Corp. will post 19.54 earnings per share 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.

Further Reading

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