Marubeni (OTCMKTS:MARUY) Stock Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Marubeni Co. (OTCMKTS:MARUY) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $161.77 and traded as low as $140.00. Marubeni shares last traded at $144.67, with a volume of 36,484 shares.

Marubeni Stock Up 0.3 %

The company has a debt-to-equity ratio of 0.58, a current ratio of 1.43 and a quick ratio of 1.05. The company has a market capitalization of $24.03 billion, a price-to-earnings ratio of 7.94, a P/E/G ratio of 2.05 and a beta of 0.89. The firm’s fifty day moving average price is $149.83 and its 200-day moving average price is $161.77.

Marubeni (OTCMKTS:MARUY) last issued its earnings results on Friday, November 1st. The conglomerate reported $3.87 earnings per share (EPS) for the quarter. The business had revenue of $12.37 billion during the quarter. Marubeni had a return on equity of 12.94% and a net margin of 6.19%. Sell-side analysts expect that Marubeni Co. will post 19.54 earnings per share for the current fiscal year.

About Marubeni

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.