Marubeni (OTCMKTS:MARUY) Hits New 12-Month High – Time to Buy?

Marubeni Co. (OTCMKTS:MARUY)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $206.56 and last traded at $206.37, with a volume of 534462 shares changing hands. The stock had previously closed at $203.07.

Marubeni Price Performance

The company has a current ratio of 1.38, a quick ratio of 1.05 and a debt-to-equity ratio of 0.54. The firm’s 50-day moving average price is $175.17 and its two-hundred day moving average price is $160.83. The stock has a market cap of $33.26 billion, a PE ratio of 9.65, a PEG ratio of 2.21 and a beta of 0.78.

Marubeni (OTCMKTS:MARUY) last posted its earnings results on Friday, May 2nd. The conglomerate reported $3.08 earnings per share for the quarter, missing analysts’ consensus estimates of $3.43 by ($0.35). The company had revenue of $14.24 billion for the quarter. Marubeni had a return on equity of 14.21% and a net margin of 6.94%. On average, equities analysts expect that Marubeni Co. will post 19.54 earnings per share for the current fiscal year.

About Marubeni

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.