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

Marubeni Co. (OTCMKTS:MARUY)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $168.18 and traded as low as $139.46. Marubeni shares last traded at $142.14, with a volume of 17,990 shares traded.

Marubeni Stock Performance

The business’s 50 day simple moving average is $155.07 and its two-hundred day simple moving average is $168.18. The firm has a market capitalization of $23.61 billion, a PE ratio of 7.81, a price-to-earnings-growth ratio of 2.22 and a beta of 0.89. The company has a current ratio of 1.43, a quick ratio of 1.05 and a debt-to-equity ratio of 0.58.

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