Marubeni (OTCMKTS:MARUY) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Marubeni Co. (OTCMKTS:MARUY) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $159.47 and traded as low as $138.92. Marubeni shares last traded at $146.80, with a volume of 21,126 shares changing hands.

Marubeni Stock Performance

The stock’s 50 day moving average is $148.59 and its 200 day moving average is $159.47. The company has a current ratio of 1.43, a quick ratio of 1.05 and a debt-to-equity ratio of 0.58. The firm has a market cap of $24.38 billion, a price-to-earnings ratio of 8.06, a price-to-earnings-growth ratio of 2.11 and a beta of 0.89.

Marubeni (OTCMKTS:MARUY) last released its quarterly earnings results on Friday, November 1st. The conglomerate reported $3.87 earnings per share for the quarter. The company had revenue of $12.37 billion during the quarter. Marubeni had a net margin of 6.19% and a return on equity of 12.94%. Analysts anticipate that Marubeni Co. will post 19.54 earnings per share for the current 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.