Marubeni (OTCMKTS:MARUY) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Marubeni Corp. (OTCMKTS:MARUY – Get Free Report) saw an uptick in trading volume on Friday . Approximately 244,804 shares traded hands during trading, a decline of 16% from the previous session’s volume of 292,793 shares.The stock last traded at $30.40 and had previously closed at $30.59.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group cut Marubeni from a “buy” rating to a “neutral” rating in a report on Wednesday, May 6th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Get Marubeni alerts:

View Our Latest Analysis on MARUY

Marubeni Price Performance

The company has a debt-to-equity ratio of 0.43, a current ratio of 1.37 and a quick ratio of 0.99. The firm has a market cap of $50.32 billion, a price-to-earnings ratio of 13.87, a price-to-earnings-growth ratio of 1.69 and a beta of 0.52. The stock’s fifty day moving average price is $312.07 and its 200-day moving average price is $334.04.

Marubeni (OTCMKTS:MARUY – Get Free Report) last issued its quarterly earnings results on Friday, May 1st. The conglomerate reported $4.33 earnings per share for the quarter, missing analysts’ consensus estimates of $4.58 by ($0.25). Marubeni had a net margin of 6.60% and a return on equity of 13.11%. The business had revenue of $13.36 billion for the quarter, compared to analysts’ expectations of $14.83 billion. Equities research analysts predict that Marubeni Corp. will post 2.39 EPS for the current fiscal year.

Marubeni Company Profile

(Get Free Report)

Marubeni Corporation (OTCMKTS:MARUY) is a major Japanese sogo shosha, or integrated trading and investment company, headquartered in Tokyo. The firm conducts a broad range of commercial activities that span commodity trading, project development, investment and financing, and supply-chain services. Marubeni operates through a network of subsidiaries, joint ventures and branch offices to support cross-border trade and large-scale industrial projects.

The company’s activities cover a wide set of industry sectors, including energy and power, metals and minerals, chemicals and industrial materials, food and consumer products, transportation and industrial machinery, and infrastructure.

Featured Articles

• Five stocks we like better than Marubeni
• AeroVironment Flies Under Wall Street’s Radar Toward a $4 Billion Target
• Micron’s $250 Billion Bet Could Reshape the AI Memory Race
• Rocket Lab’s Stock Drop Comes With a Bullish Twist
• Amazon’s New Debt Deal Puts Its AI Spending Story on Trial

Receive News & Ratings for Marubeni Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marubeni and related companies with MarketBeat.com's FREE daily email newsletter.