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

Shares of Marubeni Co. (OTCMKTS:MARUY) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $161.77 and traded as low as $140.00. Marubeni shares last traded at $144.67, with a volume of 36,484 shares trading hands.

Marubeni Trading Up 0.3 %

The firm has a market capitalization of $24.03 billion, a price-to-earnings ratio of 7.72, a price-to-earnings-growth ratio of 2.05 and a beta of 0.89. The firm’s 50 day moving average is $149.83 and its 200 day moving average is $161.56. The company has a quick ratio of 1.05, a current ratio of 1.43 and a debt-to-equity ratio of 0.58.

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