Marubeni (OTCMKTS:MARUY) Shares Pass Below 200 Day Moving Average – Should You Sell?

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 trading hands.

Marubeni Stock Down 2.4 %

The company 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’s fifty day moving average is $155.07 and its 200-day moving average is $168.18. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.05 and a current ratio of 1.43.

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