Marubeni (OTCMKTS:MARUY) Stock Price Drops Below 200-Day Moving Average - Is It Time to Sell?

Marubeni Co. (OTCMKTS:MARUY) saw its stock price fall below the 200-day moving average during trading on Friday. The stock typically has a 200-day moving average of $155.75 but dipped to as low as $155.55. At the end of trading, Marubeni shares were priced at $156.80, with a total trading volume of 30,012 shares.

Marubeni's Recent Performance

The stock traded down by 0.5%. Marubeni has a debt-to-equity ratio of 0.54, indicating a modest level of debt compared to its equity. Furthermore, its quick ratio stands at 1.05 and the current ratio at 1.38, both of which suggest a stable financial position. The company has a market capitalization of approximately $26.04 billion, a price-to-earnings (P/E) ratio of 7.55, and a price-to-earnings-growth (PEG) ratio of 2.21, coupled with a beta of 0.88 which indicates lower volatility compared to the market. The stock’s 50-day moving average is positioned at $149.91.

On February 5th, Marubeni reported its quarterly earnings results, revealing an earnings per share (EPS) of $7.39 for the quarter. The company achieved a return on equity of 14.21% and a net profit margin of 6.94%. Analysts are forecasting that Marubeni will record an EPS of 19.54 for the year ahead.

About Marubeni Corporation

Marubeni Corporation is a diversified company engaged in various business sectors. Its operations include the manufacturing, wholesale, and retail of apparel, footwear, home furnishings, sports goods, industrial materials, and more. They also develop resources such as uranium, iron ore, and copper, manage construction materials, and explore oil and gas. The company is active in infrastructure funding and real estate management.

What Analysts Are Saying

Investors might be wondering if it is advisable to invest in Marubeni at this moment. Current analysis suggests a 'Hold' rating from analysts, indicating caution. In fact, MarketBeat has identified five other stocks that analysts believe present stronger buying opportunities right now, making Marubeni less appealing in comparison.

This analysis, created with the aid of advanced technology, aims to provide prompt and accurate financial reporting. Should you have any feedback or inquiries, please reach out via email.

Marubeni, Stock, Analysis