Marui Group (OTCMKTS:MAURY) Shares Gap Down - Here's What Happened

Key Points

• Marui Group shares gapped down from a previous close of $38.89 to open at $37.13 before recovering to last trade at $41.29.
• The company reported a Q2 EPS of $0.65, exceeding estimates of $0.49, with revenue of $457.76 million surpassing expectations of $437.09 million.
• Marui Group has a market cap of $3.73 billion and key ratios including a price-to-earnings ratio of 19.95 and a quick ratio of 2.28.

Marui Group Co. (OTCMKTS:MAURY - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $38.89, but opened at $37.13. Marui Group shares last traded at $41.29, with a volume of 780 shares.

Marui Group Stock Up 6.2%

The firm has a 50 day moving average of $42.50 and a 200 day moving average of $41.01. The firm has a market cap of $3.73 billion, a price-to-earnings ratio of 19.95 and a beta of 0.09. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 2.12.

Marui Group (OTCMKTS:MAURY - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.49 by $0.16. Marui Group had a return on equity of 11.69% and a net margin of 10.80%.The business had revenue of $457.76 million during the quarter, compared to analysts' expectations of $437.09 million.

Marui Group Company Profile

Marui Group Co, Ltd., an investment holding company, engages in the retailing and FinTech businesses in Japan. The company engages in the design and construction of commercial facilities; advertising planning and production; property management; rental of real estate properties; small-amount short-term insurance policy business; and sale of investment trusts.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.