Marubeni (OTCMKTS:MARUY) Shares Gap Up – Still a Buy?

Marubeni Corp. (OTCMKTS:MARUY – Get Free Report)’s stock price gapped up prior to trading on Tuesday. The stock had previously closed at $31.3760, but opened at $32.61. Marubeni shares last traded at $31.76, with a volume of 106,402 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Marubeni from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy”.

Get Our Latest Analysis on Marubeni

Marubeni Stock Up 3.5%

The stock has a market capitalization of $54.54 billion, a price-to-earnings ratio of 18.40, a price-to-earnings-growth ratio of 1.46 and a beta of 0.60. The company has a quick ratio of 1.01, a current ratio of 1.36 and a debt-to-equity ratio of 0.41. The firm has a 50-day moving average of $31.37 and a two-hundred day moving average of $205.15.

Marubeni Company Profile

(Get Free Report)

Marubeni is a Japanese general trading and investment company with business activities spanning multiple industries. Its operations include trading, developing projects, and investing in businesses across global markets. The company’s portfolio includes food and agricultural products, metals and mineral resources, energy and chemicals, power and infrastructure, transportation equipment, and forest products. It also provides services in areas such as finance, logistics, leasing, real estate, and information technology.

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