Marubeni (OTCMKTS:MARUY) Shares Gap Down – Time to Sell?

Marubeni Corp. (OTCMKTS:MARUY) shares gapped down prior to trading on Wednesday. The stock had previously closed at $31.18, but opened at $30.09. Marubeni shares last traded at $31.40, with a volume of 6,556 shares traded.

Marubeni Stock Up 0.6%

The company’s 50 day moving average price is $31.21 and its two-hundred day moving average price is $171.42. The firm has a market cap of $52.31 billion, a PE ratio of 13.76, a PEG ratio of 1.66 and a beta of 0.57. The company has a current ratio of 1.36, a quick ratio of 1.01 and a debt-to-equity ratio of 0.41.

Marubeni (OTCMKTS:MARUY) last issued its quarterly earnings data on Monday, August 3rd. The conglomerate reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.09. The firm had revenue of $16.66 billion during the quarter, compared to the consensus estimate of $13.80 billion. Marubeni had a net margin of 6.62% and a return on equity of 13.08%. On average, equities research analysts expect that Marubeni Corp. will post 2.44 EPS for the current fiscal year.

Marubeni Company Profile

Marubeni Corporation is a Japan-based general trading company, or sogo shosha, that develops and manages businesses across a broad range of industries. Its activities include the import, export, distribution, investment and financing of products and services in areas such as food, agricultural products, forest products, chemicals, metals and mineral resources, energy, infrastructure, transportation and information technology.

The company is also involved in power generation and energy infrastructure, including renewable energy projects, as well as finance and leasing, real estate, construction, aerospace and mobility-related businesses.