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

Marui Group Co. (OTCMKTS:MAURY)’s share price gapped up before the market opened on Monday . The stock had previously closed at $37.57, but opened at $40.67. Marui Group shares last traded at $40.67, with a volume of 548 shares traded.

Marui Group Stock Performance

The stock’s 50 day moving average price is $38.54 and its 200 day moving average price is $40.58. The company has a debt-to-equity ratio of 2.04, a quick ratio of 2.26 and a current ratio of 2.26. The company has a market capitalization of $3.67 billion, a P/E ratio of 18.83 and a beta of 0.07.

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

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.