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

Key Points

• Marui Group's share price gapped up significantly from $38.60 to $42.41 before the market opened, reflecting a trading increase of 9.9%.
• The company reported strong quarterly earnings with $0.65 EPS, surpassing the consensus estimate of $0.49 by $0.16, alongside a revenue of $457.76 million for the quarter.
• Marui Group holds a market capitalization of $3.83 billion and has a debt-to-equity ratio of 2.12, indicating its leverage position in the market.

Marui Group Co. (OTCMKTS:MAURY - Get Free Report)'s share price gapped up before the market opened on Thursday . The stock had previously closed at $38.60, but opened at $42.41. Marui Group shares last traded at $42.41, with a volume of 2,080 shares.

Marui Group Trading Up 9.9%

The company has a debt-to-equity ratio of 2.12, a current ratio of 2.28 and a quick ratio of 2.28. The company's 50 day moving average price is $42.87 and its two-hundred day moving average price is $40.83. The stock has a market capitalization of $3.83 billion, a PE ratio of 20.49 and a beta of 0.10.

Marui Group (OTCMKTS:MAURY - Get Free Report) last posted its quarterly 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 for the quarter, compared to analyst estimates of $437.09 million.

About Marui Group

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.

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