Marubeni (OTCMKTS:MARUY) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

Marubeni Co. (OTCMKTS:MARUY) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $175.57 and traded as low as $153.50. Marubeni shares last traded at $159.06, with a volume of 6,686 shares traded.

Marubeni Price Performance

The company has a 50-day moving average price of $161.17 and a two-hundred day moving average price of $175.57. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.38 and a quick ratio of 1.02. The company has a market cap of $26.66 billion, a PE ratio of 8.73, a P/E/G ratio of 1.73 and a beta of 0.91.

Marubeni (OTCMKTS:MARUY) last released its earnings results on Friday, November 1st. The conglomerate reported $3.87 EPS for the quarter. Marubeni had a return on equity of 12.96% and a net margin of 6.19%. The company had revenue of $12.37 billion for the quarter. Sell-side analysts expect that Marubeni Co. will post 20.28 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.