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

Shares of Marubeni Co. (OTCMKTS:MARUY) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $156.42 and traded as low as $145.70. Marubeni shares last traded at $154.50, with a volume of 9,644 shares changing hands.

Marubeni Trading Up 0.2 %

The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.05 and a current ratio of 1.43. The stock has a market capitalization of $25.66 billion, a P/E ratio of 7.44, a price-to-earnings-growth ratio of 2.30 and a beta of 0.88. The firm’s fifty day simple moving average is $148.31 and its 200 day simple moving average is $156.42.

Marubeni (OTCMKTS:MARUY) last announced its quarterly earnings results on Wednesday, February 5th. The conglomerate reported $7.39 earnings per share (EPS) for the quarter. Marubeni had a net margin of 6.94% and a return on equity of 14.44%. As a group, equities research analysts forecast that Marubeni Co. will post 19.54 EPS for the current fiscal year.

Marubeni Company Profile

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.