Marui Group (OTCMKTS:MAURY) Shares Gap Up – Here’s Why

Marui Group Co. (OTCMKTS:MAURY)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $38.8330, but opened at $40.8560. Marui Group shares last traded at $40.8560, with a volume of 304 shares trading hands.

Marui Group Price Performance

The stock’s fifty day moving average price is $39.81 and its 200-day moving average price is $40.58. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 2.04. The firm has a market cap of $3.61 billion, a price-to-earnings ratio of 18.52 and a beta of 0.07.

Marui Group (OTCMKTS:MAURY) last announced its quarterly earnings results on Tuesday, November 11th. The company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.40 by $0.09. The business had revenue of $448.09 million for the quarter, compared to analyst estimates of $442.04 million. Marui Group had a return on equity of 11.60% and a net margin of 10.97%.

About Marui Group

Marui Group Co, Ltd. operates a diversified business combining retail and financial services in Japan. Its retail segment manages department stores under the Marui and OIOI brand names, offering apparel, accessories and lifestyle goods. Through a network of urban storefronts in locations such as Tokyo, Osaka and Nagoya, alongside an expanding e-commerce platform, Marui Group targets a youthful demographic with trend-focused merchandise and seasonal collaborations.

The company’s financial services arm is centered on the Epos Card, a credit card and loyalty program that provides point-based rewards, installment payment options and special member benefits.