Marubeni (OTCMKTS:MARUY) Reaches New 52-Week High – What’s Next?

Marubeni Corp. (OTCMKTS:MARUY)’s share price reached a new 52-week high on Thursday . The company traded as high as $338.85 and last traded at $332.41, with a volume of 4534 shares traded. The stock had previously closed at $331.00.

Analyst Ratings Changes

MARUY has been the topic of a number of analyst reports. The Goldman Sachs Group initiated coverage on shares of Marubeni in a report on Tuesday, January 6th. They issued a “buy” rating on the stock. Zacks Research lowered shares of Marubeni from a “hold” rating to a “strong sell” rating in a research report on Tuesday. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, Marubeni has an average rating of “Hold”.

Marubeni Trading Down 1.0%

The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.04 and a current ratio of 1.42. The stock has a market capitalization of $53.93 billion, a PE ratio of 14.14, a price-to-earnings-growth ratio of 1.67 and a beta of 0.60. The business’s 50-day moving average is $287.02 and its two-hundred day moving average is $252.54.

Marubeni (OTCMKTS:MARUY) last released its earnings results on Tuesday, November 4th. The conglomerate reported $6.22 EPS for the quarter, topping the consensus estimate of $4.38 by $1.84. The company had revenue of $13.30 billion during the quarter, compared to analysts’ expectations of $12.30 billion. Marubeni had a net margin of 7.04% and a return on equity of 14.83%. As a group, equities research analysts anticipate that Marubeni Corp. will post 19.54 earnings per share for the current year.

Marubeni Company Profile

Marubeni Corporation (OTCMKTS:MARUY) is a major Japanese sogo shosha, or integrated trading and investment company, headquartered in Tokyo. The firm conducts a broad range of commercial activities that span commodity trading, project development, investment and financing, and supply-chain services. Marubeni operates through a network of subsidiaries, joint ventures and branch offices to support cross-border trade and large-scale industrial projects.

The company’s activities cover a wide set of industry sectors, including energy and power, metals and minerals, chemicals and industrial materials, food and consumer products, transportation and industrial machinery, and infrastructure.