Marubeni (OTCMKTS:MARUY) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

Marubeni Co. (OTCMKTS:MARUY)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $177.77 and traded as low as $164.87. Marubeni shares last traded at $166.76, with a volume of 5,231 shares traded.

Marubeni Price Performance

The company has a quick ratio of 1.02, a current ratio of 1.38 and a debt-to-equity ratio of 0.51. The stock’s 50-day moving average price is $163.54 and its 200 day moving average price is $177.77. The firm has a market cap of $27.95 billion, a price-to-earnings ratio of 8.59, a price-to-earnings-growth ratio of 1.16 and a beta of 0.89.

Marubeni (OTCMKTS:MARUY) last posted its quarterly earnings results on Thursday, August 1st. The conglomerate reported $5.48 EPS for the quarter. Marubeni had a return on equity of 13.52% and a net margin of 6.49%. The firm had revenue of $13.16 billion during the quarter. Equities research analysts predict that Marubeni Co. will post 21.11 earnings per share for the current 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.