Marubeni (OTCMKTS:MARUY) Share Price Passes Below 200 Day Moving Average of $178.41

Marubeni Co. (OTCMKTS:MARUY)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $178.41 and traded as low as $153.00. Marubeni shares last traded at $159.70, with a volume of 15,283 shares changing hands.

Marubeni Trading Down 3.0 %

The business’s 50 day moving average price is $175.40 and its two-hundred day moving average price is $178.49. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.02 and a current ratio of 1.38. The company has a market capitalization of $26.77 billion, a price-to-earnings ratio of 8.22, a price-to-earnings-growth ratio of 1.25 and a beta of 0.90.

Marubeni (OTCMKTS:MARUY) last issued its quarterly earnings results on Thursday, August 1st. The conglomerate reported $5.48 earnings per share (EPS) for the quarter. The firm had revenue of $13.16 billion during the quarter. Marubeni had a return on equity of 13.52% and a net margin of 6.49%. Equities analysts forecast that Marubeni Co. will post 20.47 earnings per share 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.