Marui Group (OTCMKTS:MAURY) Shares Gap Down – Here’s What Happened

Marui Group Co. (OTCMKTS:MAURY)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $40.00, but opened at $38.1170. Marui Group shares last traded at $38.00, with a volume of 285 shares trading hands.

Marui Group Trading Down 5.0%

The stock has a market cap of $3.43 billion, a P/E ratio of 17.59 and a beta of 0.07. The firm’s 50 day simple moving average is $39.87 and its two-hundred day simple moving average is $40.58. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 2.04.

Marui Group (OTCMKTS:MAURY) last posted 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. Marui Group had a net margin of 10.97% and a return on equity of 11.60%. The business had revenue of $448.09 million during the quarter, compared to analyst estimates of $442.04 million.

Marui Group Company Profile

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.