Marubeni (OTCMKTS:MARUY) Shares Gap Up - Time to Buy?

Shares of Marubeni Corp. (OTCMKTS:MARUY - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $194.78, but opened at $205.19. Marubeni shares last traded at $196.75, with a volume of 83 shares trading hands.

Marubeni Stock Up 1.5%

The company has a debt-to-equity ratio of 0.54, a current ratio of 1.42 and a quick ratio of 1.01. The firm has a market cap of $33.43 billion, a PE ratio of 10.15, a P/E/G ratio of 3.47 and a beta of 0.80. The business has a fifty day moving average price of $191.43 and a two-hundred day moving average price of $166.41.

Marubeni (OTCMKTS:MARUY - Get Free Report) last issued its quarterly 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). Marubeni had a net margin of 6.45% and a return on equity of 13.37%. The business had revenue of $14.24 billion for the quarter. On average, analysts anticipate that Marubeni Corp. will post 19.54 EPS for the current fiscal 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.