Marubeni (OTCMKTS:MARUY – Get Free Report) posted its earnings results on Monday. The conglomerate reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.09, Zacks reports. Marubeni had a net margin of 6.60% and a return on equity of 13.11%.
Marubeni Stock Performance
OTCMKTS MARUY opened at $32.34 on Monday. The firm’s 50-day moving average is $207.48 and its two-hundred day moving average is $305.57. Marubeni has a 12 month low of $20.00 and a 12 month high of $42.61. 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 stock has a market capitalization of $53.71 billion, a P/E ratio of 14.68, a PEG ratio of 1.76 and a beta of 0.52.
Analyst Ratings Changes
Separately, The Goldman Sachs Group downgraded shares of Marubeni from a “buy” rating to a “neutral” rating in a report on Wednesday, May 6th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, Marubeni has an average rating of “Hold”.
Marubeni Company Profile
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.
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